Monday, April 15, 2024
HomeBitcoinGenesis Sues Gemini to Recuperate 'Preferential Transfers' Value $689M

Genesis Sues Gemini to Recuperate ‘Preferential Transfers’ Value $689M

Genesis and Gemini have been embroiled in a public and authorized feud ever because the collapse of FTX. Genesis filed for chapter in January. Its father or mother firm, Digital Foreign money Group (DCG), was sued by Gemini in July over allegations that DCG then described as “defamatory” and a “publicity stunt.” In September, Genesis sued its father or mother firm, DCG, in search of the reimbursement of a number of loans price over $600 million. After which, in October, Gemini sued Genesis over 60 million shares of the Grayscale Bitcoin Belief (GBTC), valued at round $1.6 billion. Gemini’s co-founders are the Winklevoss twins, Tyler and Cameron.



Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments