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Legal Expert Weighs in on Gemini's Lawsuit Against DCG

Crypto firm Gemini sued Digital Currency Group last week, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which held funds for Gemini tied to the latter company's Earn program. Hodder Law Firm Managing Partner Sasha Hodder discusses the key takeaways. Plus, what to make of Twitter threatening to sue Facebook parent company Meta over the Threads app. CoinDesk and Genesis are both owned by DCG.

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Vídeos

DCG Calls Gemini Lawsuit a Publicity Stunt; Analyst Downplays U.S. Spot Bitcoin ETF Hype

“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including Digital Currency Group's comments after Gemini announced its lawsuit against the industry conglomerate. DCG is the parent company of CoinDesk. A new JPMorgan report explains why the SEC's approval of a spot bitcoin ETF will not be a game changer. And, an update on when the much-awaited layer 2 blockchain Shibarium is expected to go live.

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Vídeos

Cameron Winklevoss Says Gemini Filed Lawsuit Against Digital Currency Group

Crypto trust firm Gemini is suing Digital Currency Group, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis. "The Hash" panel discusses the latest developments, as DCG calls Gemini's latest legal action "baseless" and "defamatory." Both CoinDesk and Genesis are owned by DCG.

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Regulación

Gemini подає до суду на Digital Currency Group і засновника Баррі Сілберта за звинуваченням у «шахрайстві»

Цей позов є останньою ескалацією з боку Gemini, яка намагається повернути кошти за свою програму Earn, які належать дочірній компанії DCG Genesis.

Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia)

Vídeos

Bitcoin Unfazed After FOMC Minutes; Valkyrie Refiles for Spot Bitcoin ETF

“CoinDesk Daily” host Jennifer Sanasie explores the hottest stories in crypto, as bitcoin (BTC) remains little-changed after the Federal Reserve's latest meeting minutes are released. Valkyrie refiled its application for a spot bitcoin ETF with the SEC. And, Gemini co-founder Cameron Winklevoss tweets a "final offer" to DCG CEO Barry Silbert. DCG is the parent company of both Genesis and CoinDesk.

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Vídeos

Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis

Cameron Winklevoss, co-founder of the Gemini crypto exchange, tweeted what he described as a "final offer" in the debt-restructuring talks over the bankrupt digital asset firm Genesis, bringing months of negotiations and mediation to a head with a plan for $1.5 billion in forbearance payments and fresh loans. Michael Moro, the former CEO of Genesis Trading, who is now the CEO at crypto derivatives exchange Ankex shares reaction. DCG is the parent company of both Genesis and CoinDesk.

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Finanzas

Кемерон Вінклвосс з Gemini твітує «Остаточну пропозицію» в розмірі 1,5 млрд доларів у боргових переговорах щодо Крипто Firm Genesis

Згідно з умовами, опублікованими співзасновником Gemini в Twitter, кредитори Крипто фірми Genesis пропонують пакет компенсаційних виплат і позик на суму 1,5 мільярда доларів, деномінованих у доларах, Bitcoin та ефірі.

Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos,  announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff.

Consensus Magazine

Сінгапур: Центр азійського Крипто багатства готовий до перезавантаження

Сінгапур, фінтех-центр, який першим запровадив Крипто , залучив мільярди через ICO. Влаштовуйте вечірки на яхтах і в розкішних віллах. Але після краху домашніх улюбленців Крипто Terraform Labs і Three Arrows Capital, місце № 2 у Крипто Hubs 2023 від CoinDesk шукає правильний регуляторний баланс, щоб заохочувати Крипто , щоб знову не згоріти.

Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos,  announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff.

Vídeos

Pepecoin Skyrockets 70% This Week, Becomes Biggest Meme Coin Gainer

Pepecoin (PEPE) has clocked gains over 40% in the last 24 hours and is up roughly 70% on the week. This comes as Gemini posted on Twitter Wednesday that the crypto exchange is "feeling pepish about something coming soon." CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Finanzas

Крипто Robo-Adviser Hedgehog запускається як програма з Gemini як хранителем

Материнська компанія Hedgehog Technologies залучила 1,6 мільйона доларів у серпні 2021 року для створення платформи.

Close-up photo of a hedgehog in a field or garden.