Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product
The judge found that the SEC’s complaint “plausibly alleges” that the two crypto firms offered and sold unregistered securities via Gemini Earn.
Gemini
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.
Winklevoss Twins’ Gemini Promises to Return $1.1B to Earn Customers
The pact is tied to the bankruptcy of Genesis Küresel Capital, Gemini’s partner for its Earn program.
Genesis Sues Gemini To Recover “Preferential Transfers” Worth $689m
Genesis and Gemini have been embattled in a public and yasal feud since the collapse of FTX.
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.
Gemini Pulled $282M Earn Users’ Funds From Genesis Last Year to Protect Customers
Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Under the plan, Gemini creditors would receive a “fraction” of the money they are owed, Gemini’s lawyers said.