Mon, December 23

Gemini Co-founder Steps Down as Director of Europe Division

Gemini Dollar (GUSD) Loses Peg Amid Silicon Valley Bank Chaos Exchange News
  • The senior leadership of Gemini Europe is experiencing significant changes.
  • Earlier this month, Blair Halliday former managing director of Gemini moved to Kraken.

Gemini, a cryptocurrency exchange that Cameron Winklevoss and his twin brother Tyler created in 2014, is now the 10th biggest in the world, according to data compiled by CoinGecko. As a result of their prominence in Facebook’s early days, the twins were the subject of a series of high-profile lawsuits in which they demanded millions of dollars in compensation for their efforts

The brothers are well-known in the Bitcoin community for their consistently upbeat predictions for the cryptocurrency’s future. Cameron tweeted that he serves “on numerous boards within the Gemini universe and sometimes I step on or off depending on the needs of a local entity.”

Multiple Senior Leadership Change

An October 12 Companies House filing indicates that Cameron Winklevoss, a billionaire and co-founder of Gemini, is no longer a director at Gemini Europe. The New York-based cryptocurrency exchange Gemini has a European affiliate called Gemini Europe, which presently operates in 29 countries throughout the continent.

The senior leadership of Gemini Europe is experiencing significant changes, with Winklevoss being only one of many high-level executives to depart from the board of directors in the previous month.

Earlier this month, Blair Halliday, who had served as managing director of Gemini for two years, left to take the same position at cryptocurrency exchange Kraken in the United Kingdom.

This last month has also seen a number of new additions to the Gemini Board of Directors. The company was the first cryptocurrency exchange in Ireland to obtain an Electronic Money License (EMI) in October 2020. Recently, Gillian Lynch was appointed director on October 7, 2022.

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