Gemini’s Cameron Winklevoss slams DCG for denying involvement in failed Earn program
Winklevoss says that DCG's denials are in fact a "direct admission" of involvement.
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Winklevoss says that DCG's denials are in fact a "direct admission" of involvement.
Mike Dalton 3 min read
On Aug. 10, Gemini relisted XRP token and enabled support for the XRP Ledger blockchain network.
DCG stated that Gemini failed to attach its bankrupt subsidiary, Genesis, in the lawsuit.
Regulatory cloud in US prompts crypto hiatus for Revolut giving users until October to remove funds
Despite the ongoing regulatory pressure on U.S. exchanges, their offshore competitors saw much higher Bitcoin outflows in the past month.
DCG also reported that the company has appointed Mark Shifke as its new chief financial officer (CFO).
Winklevoss' final offer, which he calls "fair and reasonable for everyone," demands payment of $1.465 billion from DCG over 5 years.
Gemini's global trading volume sunk to 0.12% - key rivals continue market share expansion.
Gemini's legal counsel insists that the product was not a security.
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