Cameron also blamed Silbert for the entire financial headwinds, saying that DCG owed Genesis $1.675 billion, and it is the money that Genesis owes Gemini clients. Gemini co-founder Cameron Winklevoss ...
Tag: 900M
Gemini’s Winklevoss Slams DCG CEO Silbert for ‘Bad Faith Stall Tactics’ Over $900M in Locked Funds
Crypto broker Genesis, owned by Digital Currency Group (DCG), is in a bad spot. The company’s lending arm halted customer withdrawals in November amid the downfall of FTX, and it reportedly owes users...
Gemini Co-Founder Accuses DCG’s Silbert of ‘Bad Faith’ Stalling in $900M Locked Funds Dispute
Gemini Trust Co., which is co-owned by Winklevoss and his twin brother Tyler, paused redemptions on an interest-earning product called Earn in mid-November, a week after rival crypto exchange FTX file...
Genesis Owes Crypto Exchange Gemini Clients $900M
Crypto lender Genesis owes US-based crypto exchange Gemini customers $900 million, according to a December 3 Financial Times report. The report revealed that Gemini had formed a creditor committee to ...
Genesis Owes Gemini Earn Users $900M: Report
Embattled crypto broker Genesis and its parent company Digital Currency Group (DCG) owe users of Gemini Earn $900 million, the Financial Times reported on Saturday, citing anonymous sources. Gemini ha...
Genesis Reportedly Owes Whopping $900M to Gemini Users
27 mins ago | 2 mins read Defi News Reportedly, Gemini has established a creditor’s committee seeking to recover funds. The problem originated with the shocking FTX crash in November. According to a D...
Crypto lender Genesis owes Gemini crypto exchange customers $900M
Major crypto lender Genesis Trading and its parent company Digital Currency Group (DCG) owe users of cryptocurrency exchange Gemini $900 million. Financial Times reported on Dec. 3, 2022, that users o...
Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report
Crypto lender Genesis and its parent company Digital Currency Group (DCG) allegedly owes $900 million to Gemini’s clients, according to a Financial Times report disclosed on Dec. 3 citing people...
Ripple Unlocks 900M XRP From Escrow After Two Months Pause
– Advertisement – Ripple resumes monthly XRP unlock. Ripple today resumed its monthly XRP escrow unlocks after an unexplained two months break. Per tweets from the crypto blockchain tracke...
2.37B XRP On Move: Ripple Locks 900M XRP in Escrow, Ripple OTC Wallet Sent 300M XRP, 1.17B XRP Shuffled By Whales
– Advertisement – The blockchain company locked the funds to prevent the price of XRP from a further dip. Less than 24 hours after unlocking 1 billion XRP, Ripple has locked back a who...
Revlon’s Bankruptcy Proceedings Complicated By Citi’s $900M Loan Repayment Error: FT
American City Business Journals Revlon shares climb as buyout rumors follow bankruptcy filing A report that an Indian multinational conglomerate is considering buying Revlon Inc. out of bankruptcy dro...
Katie Haun: An investor who left A16z to raise Crypto Fund worth $900M
Who is Katie Haun? Katie Haun is a famous investor and is a prominent name in the Cryptocurrency industry. She was the first female partner of Andreessen Horowitz, joining the venture capital firm in ...
After a16z Exit, Katie Haun Plans to Secure $900M for Crypto Funds
Prominent crypto investor Katie Haun is reportedly planning to raise a whopping $900 million for a pair of cryptocurrency investment funds. This could be a significantly large debut for a new venture ...