Gemini

gemini-sues-genesis-over-gbtc-shares-used-as-earn-collateral,-now-worth-$1.6b
Posted by | October 27, 2023
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B

Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims. 799 Total views 5 Total shares Cryptocurrency exchange...

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gemini-sues-bankrupt-lender-genesis,-its-former-partner,-over-$1.6b-worth-of-gbtc
Posted by | October 27, 2023
Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC

Cryptocurrency exchange Gemini has sued Genesis Global, its former business partner for its Gemini Earn product, over 60 million shares of the Grayscale Bitcoin Trust (GBTC) that were pledged as...

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gemini,-genesis-and-dcg-lied-to-investors-and-tried-to-hide-$1,000,000,000-in-crypto-losses,-alleges-new-york-ag
Posted by | October 19, 2023
Gemini, Genesis and DCG Lied to Investors and Tried to Hide $1,000,000,000 in Crypto Losses, Alleges New York AG

New York State Attorney General (AG) Letitia James is suing three large crypto firms for allegedly defrauding over 230,000 Americans. In a new press release, AG Letitia James says that...

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us-based-crypto-exchange-gemini-to-halt-trading-services-in-european-country-of-17,000,000
Posted by | September 30, 2023
US-Based Crypto Exchange Gemini To Halt Trading Services in European Country of 17,000,000

US-based crypto exchange Gemini is shutting down its trading operations in the Netherlands, which boasts the sixth-largest economy in the European Union (EU). In a new announcement, the company says...

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Posted by | September 29, 2023
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations

Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere.Kraken is reportedly moving to offer securities trading in the United...

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Posted by | September 29, 2023
Gemini to halt operations in the Netherlands by mid-November

The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market. 2944 Total views 18 Total shares New York-headquartered crypto exchange Gemini...

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gemini-invests-$24m-for-expansion-in-india
Posted by | September 26, 2023
Gemini invests $24M for expansion in India

Launched in May, the Gemini Gurgaon Hub has since added over 70 staff. 1092 Total views 4 Total shares Cryptocurrency exchange Gemini is allocating 2 billion rupees ($24 million) for...

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crypto-exchange-gemini-says-investment-giant-dcg-is-using-misleading-assertions-in-bankruptcy-plan
Posted by | September 17, 2023
Crypto Exchange Gemini Says Investment Giant DCG Is Using Misleading Assertions in Bankruptcy Plan

Digital asset exchange Gemini says venture capital firm Digital Currency Group (DCG) is engaging in deceptive practices to avoid fulfilling its full obligations to the creditors of its crypto lending...

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gemini-legal-team-accuses-dcg-of-‘gaslighting’-genesis-creditors
Posted by | September 15, 2023
Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors

Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery." 367 Total views 4 Total shares Lawyers...

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gemini-blasts-dcg-and-genesis-bankruptcy-plan,-calling-it-‘misleading-at-best’
Posted by | September 15, 2023
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’

Crypto exchange Gemini has criticized a bankruptcy recovery plan related to Genesis, Gemini’s partner on a lending program that’s been frozen for months, saying the potential deal is “misleading at...

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