.GenesisTrading claims that resolving the lending arm's woes will require a lengthier timeframe
At the same time, Islim clarified that resolving this issue is a complex process that may require more time than initially anticipated.
Genesis is forging ahead with new initiatives aimed at reducing costs and driving efficiency across all business lines, according to Islim. As reported by U.Today, Gemini co-founder Cameron Winklevoss recently accused DCG CEO Barry Silvert of using"bad faith stalling tactics" when i comes to the frozen funds linked to Gemini Earn. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Community celebrates Bitcoin Genesis Day by sending BTC to the Genesis blockSince its inception, various users have been randomly sending small amounts of Bitcoin to Satoshi’s wallet address.
Lire la suite »
Genesis CEO Says Solution Requires More Time.GenesisTrading Interim CEO Derar Islim requests patience as the institutional crypto brokerage attempts to resolve $900M of Gemini client funds that continue to be locked up. SteveAlpher reports:
Lire la suite »
Genesis CEO says the firm needs more time to get its finances in orderGenesis CEO tells clients the crypto brokerage needs more time to get its finances in order as Gemini's Tyler Winklevoss says the exchange is owed nearly $1 billion
Lire la suite »
Winklevoss says crypto broker Genesis negotiating in bad faithCameron Winklevoss, who founded crypto exchange Gemini Trust Co with his twin brother, on Monday accused Digital Currency Group (DCG) CEO Barry Silbert of 'bad faith stall tactics' and asked him to commit to resolving $900 million worth of disputed customer assets by Jan. 8.
Lire la suite »
Gemini's Winklevoss, DCG's Silbert spar over frozen funds on GenesisGemini's Cameron Winklevoss accused DCG's Barry Silbert of stalling their efforts to reclaim funds for Gemini Earn users. Silbert responded via Twitter, suggesting Gemini hasn't responded to a proposal of his own.
Lire la suite »
Genesis-DCG Loan Leads to Class Action Arbitration Case from Gemini ClientsClaimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of 2022, while hiding its insolvency from lenders like Gemini.
Lire la suite »