Rapport: Genesis skylder Gemini-kunder $900 Million, Udveksling forsøger at genvinde aktiver

Det viser en nylig rapport fra Financial Times (FT), Genesis Global Capital skylder angiveligt $900 millioner til Gemini-kunder. Børsen, der drives af Cameron og Tyler Winklevoss, forsøger at inddrive midlerne fra Genesis, ifølge FTs kilder.

Report Claims Genesis Owes the Winklevoss-Operated Exchange Gemini $900 Million

FT rapporter that the centralized crypto asset exchange created by the Winklevoss brothers is owed $900 million and reportedly Genesis Global Capital is the debtor. People familiar with the matter told FT that Gemini was in the process of trying to recover the funds from Genesis and the company’s parent firm Digital Currency Group (DCG).

The report further alleges that Genesis is still attempting to solicit funds from investors to ease financial burdens. While reports noted that Genesis was trying to get $1 billion in funding, FT details that it’s been cut down to roughly $500 million. The news follows the report published by Barron’s author Joe Light that noted Genesis is efter sigende being probed by state securities regulators.

desuden, den nov. 22, 2022, the New York Times (NU) rapporteret that Genesis Global Capital hired a restructuring adviser. NYT detailed that Moelis & Company was hired by Genesis to “explore options including a potential bankruptcy,” according to three people familiar with the matter. FT’s report about the issues between Genesis and Gemini indicates that FT’s sources say Gemini is in the midst of creating a creditors’ committee.

Sidste måned, Gemini revealed that customers using the platform’s Earn program could not withdraw funds. “We are working with the Genesis team to help customers redeem their funds from the Earn program as quickly as possible,” Gemini sagde den nov. 16, 2022. Gemini insisted that customer funds on Gemini could be redeemed at a 1:1 rate at any time and the exchange’s other products and services were normal.

Gemini’s message was published the same day Genesis Global Capital detailed that it was pausing withdrawals and new loan originations. DCG founder Barry Silbert detailed in a letter to shareholders den nov. 22 that it was important to note the lending arm of Genesis has had “no impact on Genesis’ spot and derivatives trading or custody businesses, which continue to operate as usual.” Silbert also reassured shareholders that his firm will “continue to be a leading builder of the industry.”

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Jamie Redman

Jamie Redman er nyhedschef hos Bitcoin-Tidings.com News og en finansteknologisk journalist, der bor i Florida. Redman har været et aktivt medlem af cryptocurrency-fællesskabet siden 2011. Han har en passion for Bitcoin, åben kildekode, og decentrale applikationer. Siden september 2015, Redman har skrevet mere end 6,000 artikler til Bitcoin-Tidings.com Nyheder om de forstyrrende protokoller, der dukker op i dag.

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