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Twice burned: Winklevii overshadowed by Zuckerberg yet again

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SAN FRANCISCO (AP) — First they accused Mark Zuckerberg of lifting their idea for Facebook. Now, 15 years later, Harvard twins Tyler and Cameron Winklevoss are once again seeing the Facebook CEO steal their thunder.

In the intervening years, the Winklevii, as they’re frequently known, have been successful Bitcoin investors. But now their latest venture, an exchange for Bitcoin-like currencies, risks being overshadowed by Facebook’s Libra digital currency.

Libra, launched this week after months of speculation, hopes to be the first Bitcoin-like currency with mass appeal, thanks to its backing by familiar corporations like Uber, Visa and Mastercard. But there are already privacy concerns and worries about regulation.

The Western Journal has not reviewed this Associated Press story prior to publication. Therefore, it may contain editorial bias or may in some other way not meet our normal editorial standards. It is provided to our readers as a service from The Western Journal.

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The Associated Press is an independent, not-for-profit news cooperative headquartered in New York City. Their teams in over 100 countries tell the world’s stories, from breaking news to investigative reporting. They provide content and services to help engage audiences worldwide, working with companies of all types, from broadcasters to brands.
The Associated Press was the first private sector organization in the U.S. to operate on a national scale. Over the past 170 years, they have been first to inform the world of many of history's most important moments, from the assassination of Abraham Lincoln and the bombing of Pearl Harbor to the fall of the Shah of Iran and the death of Pope John Paul.

Today, they operate in 263 locations in more than 100 countries relaying breaking news, covering war and conflict and producing enterprise reports that tell the world's stories.
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