Gemini, a cryptocurrency exchange based in New York, has chosen to leave the Netherlands. The firm plans to return to the Dutch market, but it cannot yet satisfy the standards set by the government. According to a statement sent to Dutch consumers on September 26, Gemini will cease operations in
FTX, the leading crypto exchange, is facing issues as its former CEO, Bankman-Fried has been accused of criminal charges. In the latest development, the bankrupt crypto firms FTX and Genesis have reached an agreement in principle. It would resolve the claims made by both firms in their ongoing lawsuits over
A major crypto twist unfolded in the crypto market as Ripple’s XRP experienced a resurgence. Several prominent exchanges have announced their plans to relist XRP. The surge follows a U.S. federal court ruling that declared the sale of XRP on exchanges and through algorithms as not constituting investment contracts. This
Cameron Winklevoss, the co-founder of Gemini, has declared that he has sued the Digital Currency Group (DCG) and its CEO, Barry Silbert, in his personal capacity. The complaint claimed that DCG and Silbert defrauded creditors by keeping their money. This comes after Winklevoss, earlier this week, made the last offer
In an open letter, Gemini’s co-founder and president Cameron Winklevoss issued a 3-day deadline to Digital Currency Group’s (the parent company of defunct cryptocurrency lender Genesis) founder and CEO Barry Silbert. The president of Gemini has threatened legal action if Silbert and DCG do not accept the modified offer by
The CEO of Gemini, Cameron Winklevoss, has called the Grayscale Bitcoin Trust (GBTC) a “toxic product” in a series of tweets. After the SEC rejected Gemini’s registration for a spot Bitcoin ETF a decade ago, Cameron recently vented his frustrations over the experience on Twitter. The CEO said that American
Gemini, a crypto exchange controlled by the Winklevoss twins, Cameron and Tyler, has introduced Ethereum staking in the United Kingdom. The launch of Gemini Staking Pro in the UK was formally announced by Gemini on June 23. By securing a minimum of 32 Ether (ETH), valued at about $60,000 at
If President Joe Biden and the Democratic Party don’t stop their “war against crypto,” they’ll lose the support of young people, who are critical to their success in office, say the Winklevoss twins. Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, tweeted on June 10 that the Democrats’ anti-crypto position
Due to rising concerns about the potential involvement of Genesis’ parent firm Digital Currency Group (DCG) in the lender’s reorganization, U.S. Bankruptcy Court Judge Sean Lane prolonged a mediation session between Genesis and its creditors during a Monday bankruptcy hearing. The original end date for the mediation session of May
The U.S. Securities and Exchange Commission (SEC) filed a complaint against cryptocurrency exchange Gemini and insolvent lender Genesis on May 26 saying that the earn product constitutes the selling of unregistered securities. Gemini maintained that its Earn product, which paid consumers to lend out coins, was not a security. Genesis
