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Cryptela — Cryptocurrency News and Market Intelligence
cryptonews 2022-12-04 10:22:00

Gemini Exchange Seeks to Retrieve $900 Million from Crypto Lender Genesis

Cryptocurrency exchange Gemini is trying to recover the $900 million it had paid in loan to crypto broker Genesis and its parent company Digital Currency Group (DCG). According to a Financial Times report, the Winklevoss twins' crypto exchange is seeking to retrieve the funds after Genesis was wrongfooted by last month’s failure of Sam Bankman-Fried’s FTX crypto platform. ... Read More: Gemini Exchange Seeks to Retrieve $900 Million from Crypto Lender Genesis
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