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Winklevoss twins secretly withdrew $282M in Gemini assets before Genesis collapse: sources - Vimarsana News

Winklevoss twins secretly withdrew $282M in Gemini assets before Genesis collapse: sources

Gemini cofounders Cameron and Tyler Winklevoss secretly withdrew about $282 million in assets held by key lending partner Genesis – mere months before the firm’s collapse left the twins’ customers unable to access $900 million in funds, The Post has learned.

Source: nypost.com
Genesis and DCG Creditors to Recover up to 110% of Their Funds in New Comp Plan? - Vimarsana News

Genesis and DCG Creditors to Recover up to 110% of Their Funds in New Comp Plan?

Genesis and its parent company, the Digital Currency Group (DCG), have proposed a compensation plan for over 230,000 retail creditors. This move aims to…

Source: biztoc.com
Gemini Sues DCG After Dispute Over Earn Program - Vimarsana News

Gemini Sues DCG After Dispute Over Earn Program

Cryptocurrency exchange Gemini is suing DCG, the parent company of bankrupt crypto broker Genesis, after a dispute over the Gemini Earn Program. The exchange…

Source: biztoc.com
Winklevoss Twins' Gemini Sues Crypto Conglomerate DCG, Citing Fraud - Vimarsana News

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 Draws Millions Seeking a Tw

Source: yahoo.com
Gemini crypto exchange chooses Ireland as its European headquarters. - Vimarsana News

Gemini crypto exchange chooses Ireland as its European headquarters.

The cryptocurrency exchange Gemini, headed by Tyler and Cameron Winklevoss, declared that the Republic of Ireland will serve as its new base of operations