Gemini

Gemini

Markets

First Mover Americas: Gemini Sued Over Interest-Earning Product

The latest price moves in crypto markets in context for Dec. 29, 2022.

Gemini faces an investor lawsuit over its interest-earning product. (RapidEye/Getty Images)

Videos

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.

Recent Videos

Finance

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.

Tyler y Cameron Winklevoss, de Gemini, en el evento TechCrunch Disrupt NY 2015. (TechCrunch/Wikimedia)

Videos

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. 

CoinDesk placeholder image

Finance

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.

Tyler y Cameron Winklevoss, de Gemini, en el evento TechCrunch Disrupt NY 2015. (TechCrunch/Wikimedia)

Finance

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.

Tyler y Cameron Winklevoss, de Gemini, en el evento TechCrunch Disrupt NY 2015. (TechCrunch/Wikimedia)

Videos

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.

CoinDesk placeholder image

Tech

Crypto Exchange Gemini Back Online After Being Down for Over Seven Hours

The crypto exchange had paused withdrawals for its yield product recently.

Tyler Winklevoss y Cameron Winklevoss, cofundadores de Gemini. (Joe Raedle/Getty Images)

Videos

ImmutableX NFTs Now Available on Nifty Gateway

NFTs from Web3 games powered by Ethereum scaling product ImmutableX are now available on Gemini-owned NFT marketplace Nifty Gateway. "The Hash" panel discusses what this means for the blockchain gaming industry.

Recent Videos

Finance

Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources

In addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers, CoinDesk has learned.

(Genesis Trading, modified by CoinDesk)