Gemini

Posted by | February 9, 2024
New York Expands Fraud Case Against Digital Currency Group to $3 Billion

New York Attorney General Letitia James now says Digital Currency Group and Gemini are responsible for $3 billion in investor losses, boosting the size of her fraud lawsuit tied to...

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Posted by | February 2, 2024
Crypto Lender Genesis Agrees to $21 Million Civil Penalty To Settle Gemini Earn SEC Lawsuit: Report

Bankrupt crypto lender Genesis is reportedly agreeing to pay a $21 million civil fine to settle with the U.S. Securities and Exchange Commission (SEC) over the now-defunct Gemini Earn program....

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Posted by | February 1, 2024
Bitcoin Whale Abruptly Moves Over $1,518,000,000 in BTC – Here’s Where the Crypto’s Going

Deep-pocketed Bitcoin (BTC) traders are suddenly moving billions of dollars worth of the flagship digital asset to and from crypto exchanges and unknown wallets. New data from whale-surveying platform Whale...

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Posted by | January 7, 2024
Digital Currency Group (DCG) Completes $700 Loan Repayment To Genesis Exchange

Venture capital firm Digital Currency Group (DCG) has completed a $700 million payment to its subsidiary company Genesis Global Capital (GGC) as a settlement of its short-term loans from the...

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Posted by | December 18, 2023
Small ESG-Focused Crypto Asset Manager Is Another Late Entrant to Bitcoin ETF Race

A small crypto asset manager focused on environmental, social and governance investing (ESG), 7RCC, is the latest applicant to join the race for a spot-bitcoin exchange traded fund (ETF), a...

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Posted by | December 13, 2023
Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan

Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin (BTC) payouts effectively slashed to about 30% of what they’re worth at current market...

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Posted by | December 8, 2023
Google’s Gemini, OpenAI’s ChatGPT go head-to-head in Cointelegraph test

On Dec. 6, Google launched its latest artificial intelligence (AI) model, Gemini, which it claimed is the most advanced model currently available on the market — even better than the...

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Posted by | November 30, 2023
Digital Currency Group and Genesis Global Reach Bankruptcy Agreement: Court Docs

Venture capital firm Digital Currency Group (DCG) and its bankrupt subsidiary Genesis Global have struck a new agreement to settle an ongoing legal battle. A new filing with the US...

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Posted by | November 24, 2023
Embattled Crypto Lender Genesis Files Lawsuit Against Gemini in an Effort To Recover Over $689,000,000

Beleaguered crypto lender Genesis is suing cryptocurrency exchange Gemini to recover over half a billion dollars in preferential transfers. A preferential transfer is paid off by an insolvent firm to...

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Posted by | November 22, 2023
Genesis Launches New Lawsuit Against Gemini For ‘Unfair’ $700M Transfers Before Bankruptcy

In a dramatic turn of events, bankrupt crypto lender Genesis has initiated a new legal battle against its long-standing rival, Gemini . The lawsuit claims that Gemini received “unfair preferential...

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