Gemini Exchange in Peril: Are the Winklevoss Tweens Going Broke?
After the FTX collapse, everyone is wondering who is next. Will that be Barry Silbert’s DCG or Gemini, the Winklevoss Tweens crypto exchange?
Gemini’s Co-founder Insists DCG Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675 billion to Genesis. Silbert, however, responded on social media, denying the claim.
Gemini Co-Founder Claims DCG Acted in Bad Faith
Gemini co-founder Cameron Winklevoss stated that DCG’s Barry Silbert has been acting in bad faith. However, Gilbert refuted the allegations and claimed that he has been cooperating with Gemini.
Gemini Users File Class-Action Request Against Genesis and DCG: CoinDesk
Three users of Crypto exchange Gemini's Earn program have reportedly filed a request for class-action arbitration against Genesis Global Capital and Digital Currency Group.
Gemini and DCG Work To Resolve Frozen Funds
Cameron Winklevoss, a Co-Founder of Gemini, has accused DCG of stalling their efforts to claim funds worth approximately $1.7 billion. The funds have been on hold reportedly since mid-November.
Gemini Exec. Calls Out DCG’s Silbert For Delay in Solving Liquidity Issues at Genesis
Cameron Winklevoss has penned an open letter to Digital Currency Group’s Barry Silbert requesting a commitment towards finding a solution to Gensis’ liquidity issues by January 8th.
Winklevoss Twins and Gemini Sued for Fraud Over Interest Accounts
A group of investors has filed a class-action complaint against Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, alleging that the U.S. cryptocurrency exchange sold unregistered securities in the form of interest-bearing accounts.
Crypto Investors Sue Winklevoss Twins Over Interest Accounts on Gemini
Tyler and Cameron Winklevoss, founders of Gemini cryptocurrency exchange, are reportedly facing a new lawsuit from investors over interest-earning program Gemini Earn.
Investors Sue Gemini’s Winklevoss Twins Over Interest Accounts
Gemini Trust Co. has been caught in the crossfire over the prevailing liquidity crisis at crypto lender Genesis Global. In the latest development, investors have sued Gemini co-founders Tyler and Cameron Winklevoss over claims that the crypto exchange sold them interest-bearing accounts which failed to register as securities. The investors have accused the Winklevoss twins of fraud and violations of the Exchange Act. On Tuesday, December 27, they also filed a class action lawsuit in the Manhattan federal court. (coingape)
Gemini Suffers 2 Downtimes in 7 Days
Crypto exchange Gemini has suffered a second downtime within the last seven days.
