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Winklevoss Twins' Gemini Sues Crypto Conglomerate DCG, Citing Fraud

(Bloomberg) -- Gemini Trust Co., the digital-asset exchange founded by the billionaire Winklevoss brothers, filed a lawsuit against Digital Currency Group Inc. and its chief executive officer Barry Silbert, alleging “fraud and deception” stemming from a failed lending venture between the two firms. Most Read from BloombergUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProMeta’s Threads App...
Bloomberg Businessweek Cameron Winklevoss Barry Silbert Gemini Earn Program Digital Currency Group Inc Exchange Commission
Source: yahoo.com

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Bitcoin Rally Falters as More Turmoil, Rates Present Headwinds

(Bloomberg) -- Bitcoin is ending the week on a down note after the optimism that pushed the price of the largest digital asset to a one-year high fades amid a flurry of fresh industry turmoil and crosscurrents in global financial markets. Most Read from BloombergUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorMusk Ultimatum to Taiwan Imperils It...
Nova Scotia Bloomberg Bitcoin Barry Silbert Bloomberg Businessweek Nikolaos Panigirtzoglou Vetle Lunde
Source: yahoo.com

Crypto firm Gemini sues DCG after conflict over unit's restructuring deal

Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange's deadline for agreeing to a restructuring deal for the venture capital firm's troubled unit.
United States Hannah Lang Cameron Winklevoss Barry Silbert David Gregorio Maju Samuel

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