New York attorney general expands crypto lawsuit tied to Winklevoss twins Letitia James triples size of alleged fraud scheme by Digital Currency Group and other crypto defendants to over $3bn The Guardian - US · Feb 9, 2024
NY attorney general’s office touts Gemini and DCG lawsuit in renewed push for expanded crypto role Letitia James is pushing for increased regulatory powers after the Department of Financial Services failed to prevent the collapse of Gemini Earn. Fortune · Dec 18, 2023
New York attorney general hits Gemini, Genesis, and Digital Currency Group with lawsuit for defrauding investors of more than $1 billion Letitia James’s action adds to the legal headaches for the reeling crypto heavyweights. Fortune · Oct 19, 2023
DCG floats 110% recovery for Gemini Earn clients—an offer that may be hard for the Winklevii to refuse More than 300,000 retail customers have had their accounts frozen for nearly year. Fortune · Sep 14, 2023
Genesis, DCG reach initial deal with main creditors The creditors who came to terms with the lending arm of Genesis and DCG are owed approximately $2.4 billion out of the total $3.4 billion the company reportedly owes. Fortune · Feb 6, 2023
Genesis considers filing for bankruptcy as it struggles to raise new funds The company, which is a subsidiary of Barry Silbert’s Digital Currency Group, reportedly owes creditors $3 billion. Fortune · Jan 19, 2023
SEC accuses Gemini and Genesis of selling unregistered securities The complaint heightens weeks of turmoil between two of crypto's top companies. Fortune · Jan 12, 2023
Cameron Winklevoss calls for ouster of Barry Silbert as Gemini-Digital Currency Group feud intensifies Winklevoss said DCG needs a new CEO so the two companies can settle their issues out of court. Fortune · Jan 10, 2023
The Winklevoss twins are in another mess—and it has to do with crypto “The idea in your head that you can quietly hide in your ivory tower and that this will all just magically go away, or that this is someone else’s problem, is pure fantasy,” Cameron Winklevoss wrote to former friend Barry Silbert. Fortune · Jan 5, 2023
The Winklevii and Barry Silbert are in an ugly public spat. Who's right? The dust-up between Gemini and DCG doesn't leave either party looking very good. Fortune · Jan 5, 2023
Cameron Winklevoss gives crypto baron one week to come up with a $1 billion solution to make his Gemini customers whole Winklevoss and his identical twin brother first rose to prominence through their lawsuit against Mark Zuckerberg, who they claimed stole their idea for Facebook. Fortune · Jan 3, 2023