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Winklevosses reportedly sued, accused of defaulting on weed start-up


The Winklevoss twins are being sued by an investor who alleges the two backpedaled out of a marijuana delivery start-up deal worth nearly $500,000, the New York Post reports.

Todd Steinberg claims Cameron and Tyler Winklevoss signed a deal to buy his shares in the start-up Eaze, the tabloid reported in its Page Six section.

The irate investor argued that the twins should not have backed out because they had already drafted a term sheet, Page Six reported. It said the twins reneged after the start-up named a new CEO.

Steinberg filed a complaint in a Delaware court in February, according to the court docket.

Neither Winklevoss Capital nor Steinberg immediately responded to CNBC requests for a comment.

The Winklevoss Capital was already an investor in Eaze, according to the firm’s portfolio page.

The twins, who battled Mark Zuckerberg over the founding of Facebook, started buying bitcoin at $9. Their position in the cryptocurrency was worth about $11 million in April. Bitcoin was recently seen trading above $2,662.01.

Read the full the New York story here.



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