Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.”
Crypto conglomerate DCG is seeking to dismiss a fraud lawsuit brought by Cameron and Tyler Winklevoss’ Gemini exchange. Digital Currency Group argues Gemini is trying to deflect blame for the problems at Gemini’s Earn lending service. Also on Thursday, DCG filed the controversial promissory note at the center of the controversy. Digital Currency Group, or … Read more
XRP temporarily surged to $50 on crypto exchange Gemini, which rocketed the token’s market capitalization to trillions of dollars if only for a few minutes. Prices shot up to those levels for a few minutes at 20:30 UTC on Thursday before immediately reverting to parity with the spot markets on other exchanges. The bump, which … Read more
The verbal battle between the Winklevoss twins’ Gemini crypto exchange and Digital Currency Group, the crypto conglomerate that had helped power a now-frozen Gemini lending service, continued Friday, a day after DCG sought to dismiss a fraud lawsuit. On Thursday, DCG argued that Gemini’s fraud accusations over the Gemini Earn service should be tossed out, … Read more