Gemini


Financiën

Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers

Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.

Cameron and Tyler Winklevoss (Credit: Shutterstock)

Beleid

Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’

Under the plan, Gemini creditors would receive a “fraction” of the money they are owed, Gemini’s lawyers said.

Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia)

Financiën

Beleaguered Gemini Earn Customers Will Be Made ‘Nearly Whole,’ DCG and Genesis Say About Remuneration Plan

A filing on Wednesday states that if the assorted creditor groups vote through the proposed deal, then “Gemini Earn users are estimated to recover approximately 95-110% of their claims.”

Digital Currency Group's Barry Silbert, right (Getty Images)

Beleid

Creditors Accuse Genesis of Ballot-Stuffing Over $175M FTX Deal

Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.”

(Danny Nelson/CoinDesk)

Beleid

Gemini Opposes Genesis Bankruptcy Plan: 'Woefully Light on Specifics'

Gemini joins two other creditor groups in objecting to Genesis' proposed agreement to resolve its bankruptcy.

(Danny Nelson/CoinDesk)

Financiën

Cameron Winklevoss to DCG Amid Their Crypto Lending Fight: 'Good Luck' Convincing a Jury

His Gemini crypto exchange and conglomerate Digital Currency Group are battling — in and out of court — over the failure of Gemini's Earn lending service.

Gemini's Cameron Winklevoss continues his war of words with DCG. (Getty Images)

Markten

XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini

Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.

(Getty Images)

Financiën

Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims

DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss.

Digital Currency Group's Barry Silbert, right (Getty Images)

Markten

Coinbase, Other Crypto Exchanges Embrace XRP After Court Ruling

U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.

Ripple CEO Brad Garlinghouse (Getty Images)

Video's

Legal Expert Weighs in on Gemini's Lawsuit Against DCG

Crypto firm Gemini sued Digital Currency Group last week, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which held funds for Gemini tied to the latter company's Earn program. Hodder Law Firm Managing Partner Sasha Hodder discusses the key takeaways. Plus, what to make of Twitter threatening to sue Facebook parent company Meta over the Threads app. CoinDesk and Genesis are both owned by DCG.

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