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Due to a failed bet on ETH price, Infinex founder pays $50,000 to Multicoin co-founder in a wager
Odaily Planet Daily reports that Synthetix and Infinex founder Kain Warwick has paid a $50,000 bet to Multicoin co-founder Kyle Samani. The two previously wagered in November 2024 on whether ETH would surpass $25,000 by the end of 2025. If Kain wins, Samani must pay $500,000, but if Samani wins, Kain only needs to pay $50,000.