Hacker News
- On may 29 Gemini returned 97% of customer assets, yet we didnt see significant BCH sales volume. Holders are up 465% since withdrawals were frozen but are happy to hold BCH. Might the same may happen with MTGox BCH? https://www.gemini.com/earn 4 comments btc
- Gemini distributes 97% of in kind assets to earn users, with the last 3% supposedly coming within 12 months. https://www.gemini.com/earn 4 comments btc
- DCG fraudulently used an insolvent company to take out loans from victims, then DCG applied to steal customer assets anyway. Thankfully a judge just ruled against the DCG criminal cartel and denied their requests. https://www.gemini.com/earn 9 comments btc
- Genesis settlement agreement approved, users to receive 97% back within the next few weeks. 3% may be received over time from DCG. https://www.gemini.com/earn 4 comments btc
- Genesis files to repay all Gemini earn lenders everything. Including the crypto balances owed, to be paid in the exact crypto owed. Court will rule on this motion on April 16 2024. https://www.gemini.com/earn 10 comments cryptocurrency
- Genesis files to repay all Gemini earn lenders. Including 40k BCH that have been in forced HODL mode since Nov 2022 when BCH was at ~$100. Court will rule on this motion on April 16 2024. https://www.gemini.com/earn 2 comments btc
- Gemini announces they have reached a settlement in principle with Genesis for all earn users to receive 100% of their digital assets back, 97% within 2 months returned, the rest over 12 months. https://www.gemini.com/earn 4 comments btc
- Supposedly if a deal isnt reached today then Genesis will distribute existing assets, so we can expect a huge selloff of GBTC and ETHE, plus ETH and BTC to be converted to USD. https://www.gemini.com/earn 2 comments btc
- DCG and Genesis are dragging out proceedings to recover loans made to them. They are stalling since they have the money invested in Bitcoin and are waiting for a pump to then dump the Bitcoin for profits. Dont waste your money buying into the BTC ponzi. https://www.gemini.com/earn 3 comments btc
- Gemini Earn Updates - Transparency Builds Trust | Gemini (This page aims to bring as much transparency as possible to the process of finding a resolution for all Earn users to redeem their funds.) https://www.gemini.com/earn 18 comments cryptocurrency
- BCH shorters are getting desperate and they are trying to borrow even more BCH to hold the price down. Gemini therefore just raised interest rate for BCH from 4% to 5.12% https://www.gemini.com/earn 214 comments btc
- BCH is beiong shorted by some institutions. Proof: Gemini is paying 4.55% APY interest on BCH that they lend to institutions such as GENESIS who use it to short BCH. They are also paying more interest for BCH than ETH or BTC. We need to go full Gamestop on these guys. https://www.gemini.com/earn 102 comments btc
Linking pages
- Crypto exchange Gemini, Winklevoss twins sued for fraud over interest accounts - Los Angeles Times https://www.latimes.com/business/story/2022-12-28/gemini-winklevoss-twins-sued-fraud-earn-accounts 48 comments
- Genesis’ Parent Company DCG Missed a $650M Payment to Gemini, 232,000 Earn Users in Limbo - Crypto Briefing https://cryptobriefing.com/genesis-parent-company-dcg-missed-650m-payment/ 36 comments
- Gemini, Genesis file to dismiss SEC lawsuit against Earn product https://cointelegraph.com/news/gemini-files-to-dismiss-sec-s-lawsuit-over-its-earn-product 22 comments
- Gemini and Mastercard Team Up for 'Crypto-Back' Credit Card with 3% Rewards | Alexandria https://coinmarketcap.com/alexandria/article/gemini-and-mastercard-team-up-for-crypto-back-credit-card-with-3-rewards 16 comments
- Crypto Savings Accounts To Get You In The Game This Year https://finance.yahoo.com/news/crypto-savings-accounts-game-162039798.html 15 comments
- Gemini Says Genesis Parent DCG Missed $630 Million Payment https://www.coindesk.com/business/2023/05/22/gemini-says-genesis-parent-dcg-missed-630-million-payment/ 15 comments
- Gemini’s Winklevoss demands $1.47 billion payment from DCG in ‘final offer’ | The Block https://www.theblock.co/post/237642/geminis-winklevoss-demands-1-47-billion-payment-from-dcg-in-final-offer 12 comments
- Gemini Earn Warns Customers of Likely Withdrawal Delays Due to Genesis Lending Pause https://sports.yahoo.com/gemini-earn-warns-customers-likely-134736722.html?src=rss 6 comments
- Former Employees Say Problems Were Obvious at the Winklevoss' Exchange Before It Paused Withdrawals https://futurism.com/winklevoss-twins-crypto-exchange-halts-withdrawals 2 comments
- Gemini to return at least $1.1B to Earn customers in settlement with NYDFS https://cointelegraph.com/news/gemini-refund-earn-customers-in-settlement-new-york-financial-regulator 1 comment
- Startups investing their seed money into (Un)Stablecoins – Mr. Steinberg https://mrsteinberg.com/stablecoin-interest-is-unstable/ 0 comments
- "I Lost 900 Million Dollars, But It's Not My Fault!" https://ez.substack.com/p/i-lost-900-million-dollars-but-its 0 comments
- The Scum Economy - Ed Zitron's Where's Your Ed At https://ez.substack.com/p/the-scum-economy 0 comments
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