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CATEGORY: gemini earn


Bankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violations

Author: Oluwapelumi Adejumo
United States
Mar 20, 2024 01:10

Bankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violations

Bankrupt crypto lender Genesis Global has consented to a $21 million civil penalty tied to the now-defunct Gemini Earn lending initiative, according to a March 19 statement from the US SEC. Under the settlement terms, the SEC will not be paid the penalty until Genesis satisfies all bankruptcy claims, including those from Gemini Earn investors. […]

The post Bankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violations appeared first on CryptoSlate.

Jan 20, 2023 07:50

Winklevoss Twins Threaten to Sue DCG CEO After Genesis Bankruptcy

Winklevoss twins threaten to sue DCG over $900 million in loans that Gemini Earn users gave to Genesis.

Continue reading Winklevoss Twins Threaten to Sue DCG CEO After Genesis Bankruptcy at DailyCoin.com.

Jan 06, 2023 07:50

Genesis Bankruptcy Rumors Intensify as the Firm Lays Off 30% of Staff

In less than six months, crypto lending platform Genesis Global has reduced its workforce for the second time.

Continue reading Genesis Bankruptcy Rumors Intensify as the Firm Lays Off 30% of Staff at DailyCoin.com.

Nov 16, 2022 05:50

Breaking: Gemini Earn halts withdrawals due to ‘market turmoil’ caused by FTX fallout

Gemini, a cryptocurrency exchange based in the United States, said that it has paused withdrawals on its Earn program.

The post Breaking: Gemini Earn halts withdrawals due to ‘market turmoil’ caused by FTX fallout appeared first on CryptoSlate.

Oct 26, 2021 02:50

How to Use Gemini Exchange

Founded by the Winklevoss twins in 2015, the forward thinking duo who helped create Facebook, Gemini exchange offers arguably the most simplistic, intuitive user interface out of any exchange available to US traders. I shouldn’t use the word traders, because Gemini is not for traders. It is tailor made for beginners, made for the average […]

The post How to Use Gemini Exchange appeared first on CryptosRus.

Feb 03, 2024 02:15

Genesis Agrees to $21 Million SEC Settlement in Bankruptcy Resolution Effort


Genesis Global settles with the SEC for $21 million over unregistered securities sales allegations, aiming to mitigate legal challenges and focus on repaying customers amid bankruptcy proceedings. The agreement, pending a February 14 hearing, marks a significant step towards resolving the company's financial and legal hurdles. (Read More)

Winklevoss slams DCG's Silbert — Not even SBF was 'capable of such delusion'

Author: Cointelegraph By Brayden Lindrea
United States
Jul 04, 2023 08:20

Winklevoss slams DCG's Silbert — Not even SBF was 'capable of such delusion'

In an open letter, Cameron Winklevoss slammed DCG's Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers.

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