Infinex Founder Pays $50,000 Bet to Multicoin Co-founder After Losing ETH Price Wager

Odaily News Kain Warwick, founder of Synthetix and Infinex, has paid a $50,000 bet to Kyle Samani, co-founder of Multicoin. The two had a wager in November 2024 on whether ETH would surpass $25,000 by the end of 2025. If Kain won, Samani would have to pay $500,000, but if Samani won, Kain only needed to pay $50,000.