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Grayscale Bitcoin Trust Trading at 45% Discount Amid Gemini, DCG Dispute

Grayscale Bitcoin Trust shares are trading at a 45% discount, according to YCharts. This comes as the co-founder of crypto exchange Gemini has accused Digital Currency Group CEO Barry Silbert of “bad faith stall tactics” as their respective companies lock horns over a business disagreement precipitated by FTX’s multi-billion-dollar implosion late last year. DCG is the parent company of Grayscale and CoinDesk.

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Gemini, DCG Dispute Is 'Not a Headwind For the Market': DFD Partners President

Gemini co-founder Cameron Winklevoss accuses DCG CEO Barry Silbert of “bad faith stall tactics” as the respective companies lock horns over a business disagreement precipitated by FTX’s implosion. DFD Partners President Bilal Little weighs in on the market's impact of this development. DCG is the parent company of CoinDesk.

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Gemini Co-Founder Accuses DCG’s Silbert of 'Bad Faith' Stalling in $900M Locked Funds Dispute

Cameron Winklevoss, co-founder of crypto exchange Gemini, has accused Digital Currency Group (DCG) CEO Barry Silbert of "bad faith stall tactics" as their respective companies lock horns over a business disagreement precipitated by FTX's multi-billion-dollar implosion late last year. DFD Partners President Bilal Little discusses what this means for the crypto markets. DCG is the parent company of CoinDesk.

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Markets

Первопроходец в Америке: в Digital Currency Group назревают юридические проблемы

Последние изменения цен на Криптo Рынки в контексте 3 января 2023 года.

(Pixabay)

Finance

Кредит Genesis-DCG привел к коллективному иску в арбитражном суде от клиентов Gemini

Истцы утверждают в иске, что Genesis нарушила Генеральное соглашение, когда стала неплатежеспособной летом 2022 года, скрывая при этом свою неплатежеспособность от кредиторов, таких как Gemini.

(Genesis Trading, modified by CoinDesk)

Markets

Первопроходец в Америке: Gemini подали в суд из-за продукта, приносящего проценты

Последние изменения цен на Криптo Рынки в контексте 29 декабря 2022 года.

Gemini faces an investor lawsuit over its interest-earning product. (RapidEye/Getty Images)

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Gemini Sued by Investors Over Interest-Earning Program: Court Filing

Crypto exchange Gemini is being sued by investors over the sale of its interest-earning crypto products. The filing says Gemini abruptly halted the program around Nov. 16 after crypto exchange FTX filed for bankruptcy and contagion from its fall caused a liquidity crisis at Genesis Trading, which functioned as Gemini's borrower. Genesis is owned by Digital Currency Group, which is also the parent of CoinDesk.

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Finance

Криптo биржа Gemini подала в суд на инвестора из-за программы получения процентов

Согласно судебному иску, в ноябре платформа внезапно остановила свою программу Gemini Earn, «фактически уничтожив» инвесторов, у которых все еще были активы.

Tyler y Cameron Winklevoss, de Gemini, en el evento TechCrunch Disrupt NY 2015. (TechCrunch/Wikimedia)