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Gemini Says Genesis Parent DCG Missed $630 Million Payment

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coindesk.com/business/2023/05/22/gemini-says-genesis-parent-dcg-missed-630-million-payment

Gemini CEO Cameron Winklevoss has threatened to sue DCG CEO Barry Silbert and DCG over the repayment of a $900 million loan after Genesis, a DCG entity, filed for Chapter 11 bankruptcy, amid allegations of mixed funds and ongoing disputes about loan repayments. The U.S. Securities and Exchange Commission (SEC) has accused both firms of selling unregistered securities through…

This story from coindesk.com was posted on 2023-05-22 by @hazelpine.

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