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Gemini
Legal Expert on Genesis' Crypto Lending Unit Filing For Bankruptcy
Wilk Auslander LLP Partner Eric Snyder discusses the legal and industry implications of Genesis Global Holdco LLC, the holding company of crypto lender Genesis Global Capital, filing for Chapter 11 bankruptcy protection. He also weighs in on Gemini CEO Cameron Winklevoss threatening to sue DCG CEO Barry Silbert over the repayment of a $900 million loan. DCG is the parent company of CoinDesk and Genesis.

Gemini's Cameron Winklevoss Threatens Legal Action Against DCG CEO After Genesis Bankruptcy Filing
The exchange CEO has been involved in a weeks-long public spat with DCG over the repayment of a $900 million loan.

Genesis Owes Over $3.5B to Top 50 Creditors
Genesis has over 100,000 creditors among the three of its companies that declared bankruptcy.

New FTX CEO Trying to 'Clear the Wreckage' After Crypto Exchange Collapse: Lumida CEO
New FTX CEO John J. Ray III is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal. Lumida CEO and co-founder Ram Ahluwalia discusses the possibilities of FTX's comeback and Genesis Global Capital's reported bankruptcy concerns. Plus, why he thinks a key idea about securities law "is being lost" in the Gemini and Genesis debate. DCG owns Genesis and CoinDesk.

Gemini’s Bitcoin Inflows From Other Exchanges Dropped to Roughly Six-Year Low, CryptoQuant Data Shows
The data suggests traders may be finding Gemini to be less desirable than other exchanges.

MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves
The result averts near disaster for Gemini’s stablecoin, because MakerDAO holds 85% of all GUSD in circulation.

MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting
MakerDAO voters so far prefer keeping the $500 million Gemini USD stablecoin ceiling in Maker’s DAI stablecoin reserve over decreasing its role or phasing it out.

First Mover Americas: Bitcoin Tops $21K, Outshines S&P 500, Gold
The latest price moves in crypto markets in context for Jan. 16, 2023.

SEC Cracks Down on Crypto Firms Gemini and Genesis
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against crypto exchange Gemini and crypto lender Genesis Global Capital for allegedly selling unregistered securities. Ashley Ebersole, 0x Labs General Counsel and former U.S. Securities and Exchange Commission attorney, shares his reaction to the timing of the lawsuit and the agency's approach to crypto regulation. CoinDesk and Genesis are both owned by Digital Currency Group (DCG).
