Tag: Gemini
New York Regulator Investigating Crypto Exchange Gemini Over FDIC Claims: Report
Around $900 million is estimated to be frozen on the platform as a result. Gemini itself blamed the halt on a similar freeze at the now bankrupt crypt [...]
Nifty Gateway co-founders resign amid Gemini woes
In a Twitter thread posted on Jan. 25, Duncan Cock Foster and Griffin Cock Foster, co-founders of nonfungible token (NFT) auction platform Nifty Gatew [...]
Crypto Exchange Gemini Cutting Another 10% of Staff: Report
“It was our hope to avoid further reductions after this summer, however, persistent negative macroeconomic conditions and unprecedented fraud perpetua [...]
MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves
“Recent MakerDAO governance discussions have raised concerns about GUSD’s heavy reliance on the PSM and Gemini holding GUSD reserves at Silvergate,” R [...]
Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution
The United States Securities and Exchange Commission charged cryptocurrency lending firm Genesis Global Capital and crypto exchange Gemini with sellin [...]
First Mover Americas: SEC Targets Gemini, Genesis
Bitcoin, the largest cryptocurrency by market capitalization, briefly reached the $21,000 mark for the first time since the FTX collapse in early Nove [...]
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week
Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’
In a “pre-mortem over [...]
Gemini and Genesis’ legal troubles stand to shake up industry further
With investor confidence seemingly at an all-time low thanks to the recent slew of insolvencies, a new saga seems to be now unfolding in real time. Th [...]
First Mover Americas: SEC Targets Gemini, Genesis
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualize [...]
Gemini and Genesis charged by SEC over unregistered securities
The United States Securities and Exchange Commission (SEC) on Jan. 12 charged cryptocurrency lending firm Genesis and crypto exchange Gemini with offe [...]
SEC Alleges Gemini, Genesis Sold Unregistered Securities
The Securities and Exchange Commission alleged crypto exchange Gemini and Genesis sold unregistered securities in an enforcement action late Thursday. [...]
Gemini Terminates Its Crypto Yield Product, Amping Up Battle With Genesis
Gemini ended the master loan agreement (MLA) between its customers and Genesis, Gemini told customers of its Gemini Earn in an email on Tuesday. "This [...]
Genesis tells clients it needs more time on financial woes after Gemini demands action
Derar Islim, interim CEO of crypto market maker and lender Genesis, has sent a letter to clients updating them on the company’s efforts to prop up its [...]
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 fr [...]
Gemini Co-Founder Accuses DCG’s Silbert of ‘Bad Faith’ Stalling in $900M Locked Funds Dispute
Gemini Trust Co., which is co-owned by Winklevoss and his twin brother, paused redemptions on an interest-earning product called Earn in mid-November, [...]