Gemini and the U.S. Securities and Exchange Commission told a Manhattan federal court that they reached a resolution in principle to end the case over the Earn lending program. The filing asked Judge Edgardo Ramos to pause all deadlines until…
Winklevoss Twins’ Gemini targets $3 billion value this week?
Winklevoss Twins’ Gemini enters listing week with trading slated for Friday, a valuation target above $3 billion, and a dispute that overlaps with the nomination of Brian Quintenz to lead the CFTC. The exchange, founded in 2014 by Cameron and…
Nasdaq invests 50 million in Gemini crypto exchange deal?
Nasdaq enters a strategic relationship with Gemini as the crypto exchange moves toward a public listing, anchoring a $50 million private placement inside a planned $317 million IPO and linking custody, staking, and collateral workflows through Calypso to reduce operational…
What is Gemini seeking to raise with a $317 million IPO?
Gemini is advancing a U.S. initial public offering that could raise up to $317 million and place the company near a $2.22 billion valuation, marking a measured return to public markets for a mid-sized exchange founded in 2014 by Cameron…
Tyler Winklevoss Says JPMorgan Paused Gemini After 1 Post
Gemini co-founder Tyler Winklevoss recently asserted that JPMorgan Chase has suspended the crypto exchange’s re-onboarding process in direct response to his public criticism of the bank’s new policy on charging for customer data access. This action follows a series of…
Is Gemini Expanding in Europe with New Leadership Moves?
Gemini, a cryptocurrency exchange established by Cameron and Tyler Winklevoss, has been focusing on its expansion into the European market. Recent developments include several strategic leadership appointments and efforts to align with the European Union’s new regulatory framework for digital…
Crypto Exchange Gemini Agrees to $50 Million Payout in Legal Settlement
The cryptocurrency market has been fraught with various legal battles, regulatory scrutiny, and investor skepticism. One of the latest developments involves Gemini Trust Co., a well-known crypto exchange, and its controversial Gemini Earn program. This article delves into the details…
SEC Legal Battle with Gemini and Genesis Over Unregistered Securities Claims
The Securities and Exchange Commission (SEC) has made significant progress in its case against Gemini Trust Co. and Genesis Global Capital, accusing them of illegally offering unregistered securities through their interest-paying product, Gemini Earn. US District Judge Edgardo Ramos recently…
NY AG files crypto fraud lawsuit against Gemini
New York Attorney General Letitia James has recently taken a lawsuit against cryptocurrency exchange Gemini Trust Co., alongside the insolvent crypto lender Genesis Global Capital and its parent company, Digital Currency Group. This move comes as part of a broader…
Why Gemini crypto exchange sued Genesis Global ?
In a significant legal development, cryptocurrency exchange Gemini has filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District of New York Bankruptcy Court. The dispute revolves around the ownership and distribution of 62,086,586 shares…