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Winklevoss twins led crypto exchange Gemini has filed a lawsuit against the conglomerate Digital Currency Group (DCG) and its CEO Barry Silbert for allegedly defrauding creditors.
As per the lawsuit, Gemini claims the DCG CEO committed fraud as Genesis attempted to continue the Earn Program despite being “massively insolvent.”
US-based crypto exchange Gemini is the largest creditor of bankrupt crypto lending firm Genesis, the subsidiary of DCG. …
Read More: Winklevoss’ Gemini Sues DCG and Barry Silbert For Fraud
As per the lawsuit, Gemini claims the DCG CEO committed fraud as Genesis attempted to continue the Earn Program despite being “massively insolvent.”
US-based crypto exchange Gemini is the largest creditor of bankrupt crypto lending firm Genesis, the subsidiary of DCG. …
Read More: Winklevoss’ Gemini Sues DCG and Barry Silbert For Fraud
Source：https://cryptonews.com/news/winklevoss-gemini-sues-dcg-barry-silbert-for-fraud.htm
