Cryptocurrency exchange Gemini is laying off more employees, citing ‘bad actors’ in the crypto industry. Gemini’s Third Round Of Layoffs The Winklevoss twins’ brainchild, Gemini, is bleeding employee...
Tag: Gemini
Gemini Lays of 10% of Employees Due to Crypto Industry’s “Bad Actors”
Gemini – the Winklevoss-owned cryptocurrency exchange – has commenced its third round of job cuts in under a year, dismissing another 10% of its workforce. Cameron Winklevoss claims the layoff was mo...
Crypto Exchange Gemini Reportedly Cuts Down 10% of Staff
Despite the ongoing relief rally in the crypto market, negative news seems to be never-ending. The latest to make it to the headline today is Gemini, as the crypto exchange company has reportedly cut ...
Crypto exchange Gemini lays off 10% of workforce
Tyler Winklevoss and Cameron Winklevoss (L-R), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 Convention in Miami, Florida. Joe Raedle | Getty Images Crypto exchange Gemini will r...
Gemini lays off 10% of its staff amid Genesis and DCG lending crisis
Crypto exchange Gemini laid off 10% of its staff, The Information reported, citing a message that was sent to employees on Monday. Poor macroeconomic conditions and “unprecedented fraud...
Here’s How Much Genesis Owes Creditors Like Gemini, Mirana, VanEck and Others
Arman Shirinyan Bankruptcy of Genesis was most likely inevitable, but lack of reaction from market is concerning One of the most feared bankruptcies on the market happened: Genesis filed for bankruptc...
Investors Are Suing the Gemini Exchange Over Alleged Fraud
Investors in the Gemini exchange in New York are suing the company and its founders – Cameron and Tyler Winklevoss – for fraud. Gemini Is Being Sued It is alleged in a class-action lawsuit that the co...
Will Gemini Follow in the Footsteps of FTX and Genesis? Here’s What You Need to Know!
Gemini, world one of the largest crypto exchanges and the brainchild of the Winklevoss twins is now in deep liquidity trouble. The founders are fighting to get back the customer’s funds held on Genesi...
Gemini Executives Insisting Everything’s Fine; BTC Inflow Data Shows Otherwise
Crypto firm Gemini is struggling after the recent regulatory actions against it. In a recent blog post, the company executives had to clarify that the other products and services of Gemini have no eff...
Gemini Fights For Its Earn Users; Will They Get Their Money Back?
Gemini Earn customers who lost billions owing to its partner firm Genesis are still holding out hope of getting their money back as the crypto lender files for bankruptcy. Cameron Winklevoss, one of t...
Crypto Giant Genesis Files For Bankruptcy As Casualties Mount After FTX Collapse
Topline Cryptocurrency lender Genesis filed for bankruptcy late Thursday night, court documents show, the latest major player to fold and another blow to the sector as it struggles to recover from the...
MakerDAO approves 85% Gemini USD holdings in DAI stablecoins
The MakerDAO community voted in favor of keeping Gemini USD stablecoin as part of the protocol’s DAI stablecoin reserves amid concerns about insolvency. The MakerDAO community earlier started voting o...
Genesis creditors negotiating prepackaged bankruptcy: Sources
Genesis Global Capital creditors are negotiating a prepackaged bankruptcy plan with the firm, two sources familiar with the talks told The Block. Creditors like the Winklevoss twins’ Gemi...
MakerDAO voting to limit DAI exposure to Gemini amid insolvency fears
MakerDAO has begun voting on a pair of governance polls designed to limit exposure of the DAI stablecoin to Gemini as a result of the current liquidity crisis facing the exchange’s lending platf...
SEC charges over Gemini, Genesis Earn program latest shot at crypto lending
The Securities and Exchange Commission’s recent charge against cryptocurrency exchange Gemini and crypto firm Genesis over a lending product is another warning shot to the industry on yield-bearing ac...
Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution
The United States Securities and Exchange Commission charged cryptocurrency lending firm Genesis Global Capital and crypto exchange Gemini with selling unregistered securities through Gemini’s “Earn” ...
Gemini & Genesis Accused of Offering Unregistered Securities
The US Securities and Exchange Commission (SEC) today announced settled charges against Genesis Global Capital, LLC and Gemini Trust Company, LLC for selling unregistered securities linked to the Gemi...
former FTX boss maintains innocence, Nexo’s woes, DCG and Gemini face-off
The last week in crypto was mixed with fresh updates and ongoing controversies. A new scandal emerged as new allegations were leveled against the crypto lender, Nexo, with reports accusing the regulat...
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of imp...
Gemini and Genesis’ legal troubles stand to shake up industry further
With investor confidence seemingly at an all-time low thanks to the recent slew of insolvencies, a new saga seems to be now unfolding in real time. This one involves crypto exchange Gemini’s Winklevos...
Genesis and Gemini Get Sued By The SEC- Find Out More
Join Our Telegram channel to stay up to date on breaking news coverage The U.S. Securities and Exchange Commission (SEC) has charged crypto firms Genesis and Gemini for allegedly selling unregistered...
Gemini facing a class action lawsuit for concealing risks in its Earn program
Rosen Law Firm, a global investor rights law in New York, is leading a class action against Gemini, a cryptocurrency exchange, and its founders, Tyler and Cameron Winklevoss, over the ramp’s alleged c...
Former SEC Enforcement Chief “Puzzled” By Its Delayed Action Against Gemini, XRP Community Reacts
– Advertisement – The SEC’s crypto enforcement actions continue to raise dust. Former US Securities and Exchange Commission enforcement chief Lisa Braganca has let slip that she is “puzzle...
SEC Charges Genesis and Gemini for Offering and Selling Unregistered Securities
The SEC also revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors. On the 12th of January, the US Securities and Exchange Commission (SEC...
SEC vs Gemini Row: Tyler Winklevoss says ‘What’s The Urgency Here?’
The US Securities and Exchange Commission charged Genesis Global Capital and cryptocurrency exchange Gemini Trust Co. on Thursday with offering and selling unregistered securities to retail investors ...
SEC Lawsuit Against Gemini Is Political, Says Tyler Winklevoss
The U.S. Securities and Exchange Commission (SEC) announced on Thursday, January 12 it had filed charges against Genesis Global Capital LLC and Gemini Trust Company LLC. The charges bordered on the il...
SEC Charges Genesis and Gemini — Winklevoss Says Regulator’s Lawsuit Is ‘Super Lame’ – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered ...
Winklevoss slams SEC charges against Gemini as a ‘super lame … manufactured parking ticket’
Tyler Winklevoss, the co-founder of cryptocurrency exchange Gemini, has hit out at the regulator charging the exchange over issuing unregistered securities, calling the allegations “super lame” ...