Crypto exchange Gemini is preparing to file a lawsuit against the parent company of Genesis Global Capital – Digital Currency Group (DCG) – and its head Barry Silbert, Cameron Winklevoss, one of the founders of Gemini, said. “We are preparing to take direct legal action against Barry, DCG and others who are responsible for the fraud that harmed over 340,000 Earn (Gemini loan product) users and others defrauded by Genesis and its associates,” Winklevoss tweeted. (the social network is blocked in Russia). Last November, $175 million of Genesis funds were frozen in FTX accounts, after which the crypto lender suspended

Go to Source
Author: NixCoin