
Genesis seeks 100-day extension for recovery plan as DCG misses $630M payment
Gemini said it was ready to work with Genesis to advance a restructuring plan without DCG's participation.

Read Gemini news, including exchange products, legal developments, regulatory issues, institutional offerings, and company strategy.

Genesis Capital wants a sitting bankruptcy judge in the Southern District of New York to act as a mediator in its disputes.

The company has submitted a pre-registration undertaking with regulators.

The exchange's co-founders are supporting the exchange.

Several crypto community members pointed out that Bitcoin could help solve the problems highlighted by the Gemini co-founder.

Coindesk previously reported that JPMorgan had ended its relationship with the Winklevoss twins-led crypto exchange.

Gemini Trust Company has been considered a qualified custodian under the NY Banking Law since 2015, according to Tyler Winklevoss.



