Cryptory.net - The intricate network of interactions involving Gemini, Genesis, and their parent company, Digital Currency Group, has given rise to yet another lawsuit of significant importance.
Cryptory.net - Gemini, a cryptocurrency exchange, has decided to discontinue its services in the Netherlands due to crypto regulation. In an email sent to users today, the exchange informed them that it will no longer be providing its services beginning November 17, 2023.
According to a term sheet shared on Twitter by the co-founder of Gemini, creditors of crypto financial firm Genesis have suggested a comprehensive package of $1.5 billion, including forbearance payments and loans in dollars, bitcoin, and ether.
OKCoin has been accused by the US Federal Deposit Insurance Corporation (FDIC) of deceiving its US customers by claiming that non-deposit accounts are insured.
Cryptory.net - Genesis Trading and Gemini Earn are the two latest names to announce the suspension of withdrawals due to negative impacts of the FTX crash.
Not only did individual investors suffer hardly because of the Terra and UST crashes, but the assets of richest figures in the crypto space were also wiped out quickly.
