In a surprising move, Digital Currency Group (DCG), the parent company of Grayscale Investments, announced a new plan to help Gemini Earn users recover their crypto assets that were locked in the platform due to a technical glitch. Gemini Earn…
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 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…