Gemini


Finance

DCG's Barry Silbert Pitched Genesis-Gemini Merger in a Drastic Bid to Save the Lender in 2022

Silbert’s motion to dismiss the New York Attorney General’s $3 billion lawsuit contains emails from around the time 3AC failed and the Genesis and Gemini loans business began to seize up.

DCG CEO Barry Silbert (CoinDesk archives)

Policy

Winklevoss Twins' Gemini Promises to Return $1.1B to Earn Customers

The pact is tied to the bankruptcy of Genesis Global Capital, Gemini's partner for its Earn program.

Gemini founders Tyler and Cameron Winklevoss. (Joe Raedle/Getty Images)

Policy

New York Expands Fraud Case Against Digital Currency Group to $3 Billion

An initial lawsuit accusing crypto firm DCG of cheating people out of $1 billion has been amplified by investors coming forward with losses tripling that, the NY attorney general said.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Finance

Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings

Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF).

Sale (Justin Lim/Unsplash)

Markets

Bitcoin ETF Approval Marks Conclusion of a Decade-Long Journey

Much has changed since the Winklevoss filed unsuccessfully for the first Bitcoin ETF in July 2013.

Gemini founders Cameron and Tyler Winklevoss (Steven Ferdman/Getty Images)

Finance

Small ESG-Focused Crypto Asset Manager Is Another Late Entrant to Bitcoin ETF Race

7RCC, a crypto asset management firm targeting ESG-focused investors, filed an application with the Securities and Exchange Commission (SEC) for a spot-bitcoin and carbon credits futures exchange traded fund (ETF).

Gemini founders Cameron and Tyler Winklevoss (Steven Ferdman/Getty Images)

Finance

Coinbase Is Dominating a Key Bitcoin ETF Service

Brian Armstrong's exchange is way ahead in being the custodian for ETF applications, and a famous name in custody, BitGo, has been missing from the conversation.

Coinbase CEO Brian Amstrong and BitGo CEO Mike Belshe (CoinDesk)

Policy

Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M

Genesis and Gemini have been embroiled in a public and legal feud since the collapse of FTX.

Genesis (Spencer Wing/Pixabay)

Finance

Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC

Gemini has filed a lawsuit against Genesis over 60 million GBTC shares that were pledged as collateral.

Genesis (Spencer Wing/Pixabay)

Mga video

Gemini, Genesis, DCG Sued by New York Attorney General; Coinbase Picks EU Hub

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including a new prediction from Morgan Stanley Wealth Management about the end of crypto winter. Coinbase picks a new EU hub. New details on FTX using customer funds to buy back the firm’s stake held with Binance. And, New York Attorney General Letitia James filed a lawsuit against crypto firms Gemini, Genesis Global Capital, and Digital Currency Group. CoinDesk is owned by DCG.

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