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Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)

The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million.  Genesis has been coping with severe issues…

Continue ReadingTroubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)

Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner

Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong characteristics of being a…

Continue ReadingBitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner

Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting…

Continue ReadingReport: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets