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Tag: Gemini Earn Program

Genesis Trading Files For Chapter 11 Bankruptcy

Genesis Trading Files For Chapter 11 Bankruptcy

January 20, 2023 | by Paul Ugbede Godwin | 0
Genesis Trading Files for bankruptcy under the same article as FTX. The company owes from $1.2 – $11 billion (it is not yet clear exactly 100 thousand creditors), About a billion is debt to clients of the Gemini exchange, with…
SEC Charges Gemini and Genesis Exchange for Unregistered Crypto Issuing

SEC Charges Gemini and Genesis Exchange for Unregistered Crypto Issuing

January 13, 2023 | by Paul Ugbede Godwin | 0
SEC charges Genesis and Gemini for the Unregistered Offer and Sale of Crypto Asset Securities through the Gemini Earn Lending Program. According to the complaint, in December 2020, Genesis, part of a subsidiary of Digital Currency Group, entered into an…

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