Winklevoss twins’ Gemini to return $1.1B to customers caught in ‘Earn’ fiasco
The Winklevoss twins’ crypto company Gemini will return at least $1.1 billion to customers of its doomed “Earn” lending program and $37 million for “material” compliance violations as part of a settlement with regulators on Wednesday. agreed to pay a fine. Gemini, founded by the twins after a high-profile feud with Mark Zuckerberg over who […]
Winklevoss crypto firm Gemini to return $1.1bn to customers – BBC.com
Written by Peter Hoskins business reporter 57 minutes ago image source, Getty Images image caption, Tyler Winklevoss and Cameron Winklevoss Cryptocurrency exchange Gemini has agreed to return at least $1.1 billion (£870 million) to customers of its defunct lending program as part of a settlement with the New York Department of Financial Services (NYDFS). The […]
Crypto fraud suit tied to Winklevoss twins now $3B: NY AG
New York Attorney General Letitia James on Friday expanded her case against Digital Currency Group and other crypto defendants, tripling the size of the fraud scheme to more than $3 billion. In October, James sued Digital Currency, its Genesis Global Capital unit, and Gemini Capital, an exchange run by twin brothers Cameron and Tyler Winklevoss. […]