Gemini
Genesis-DCG Loan Leads to Class-Action Arbitration Case From Gemini Clients
Claimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of 2022, while hiding its insolvency from lenders like Gemini.
Gemini Co-Founder Accuses DCG’s Silbert of 'Bad Faith' Stalling in $900M Locked Funds Dispute
Silbert responded, saying his firm submitted a proposal to Genesis’ and Gemini’s advisers last Thursday.
First Mover Americas: Gemini Sued Over Interest-Earning Product
The latest price moves in crypto markets in context for Dec. 29, 2022.
Gemini Sued by Investors Over Interest-Earning Program: Court Filing
Crypto exchange Gemini is being sued by investors over the sale of its interest-earning crypto products. The filing says Gemini abruptly halted the program around Nov. 16 after crypto exchange FTX filed for bankruptcy and contagion from its fall caused a liquidity crisis at Genesis Trading, which functioned as Gemini's borrower. Genesis is owned by Digital Currency Group, which is also the parent of CoinDesk.
Crypto Exchange Gemini Sued by Investors Over Interest-Earning Program
The platform abruptly halted its Gemini Earn program in November, "effectively wiping out" investors who still had holdings, according to a court filing.
Gemini Co-Founder Says Genesis, DCG Creditors Present Plan to Resolve Liquidity Issues
A creditor committee that includes crypto exchange Gemini has presented a plan to Genesis and Digital Currency Group (DCG) to "provide a path for the recovery of assets," Gemini co-founder Cameron Winklevoss said in a tweet. "The Hash" panel discusses the potential outcomes. Genesis and CoinDesk are owned by parent company Digital Currency Group.
Acreedores de Genesis y DCG proponen un plan para resolver los problemas de liquidez
El comité de acreedores espera recibir la respuesta de ambas compañías a finales de esta semana.
Genesis, DCG Creditors Propose Plan to Resolve Liquidity Issues, Gemini Says
The creditor committee expects to hear from Genesis and DCG by the end of the week.
Crypto Exchange Gemini Resumes Services After 'Scheduled Maintenance'
Crypto exchange Gemini has come back online after being down for over seven hours since Thursday due to a scheduled maintenance, the firm said. "The Hash" hosts discuss the latest developments around Gemini as FTX's collapse brings increased scrutiny on crypto exchanges.
Crypto Exchange Gemini Back Online After Being Down for Over Seven Hours
The crypto exchange had paused withdrawals for its yield product recently.
