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Gemini Vs. Genesis In Court: Billion-Dollar Bitcoin Battle Erupts Over Grayscale Shares
Friday, October 27, 2023 - 4:24pm | 629Gemini Trust Co., a leading cryptocurrency platform, has initiated legal action against the now-insolvent crypto lender, Genesis Global Holdco LLC. The litigation revolves around the rightful ownership of Grayscale Bitcoin Trust shares, currently valued at nearly $1.6 billion, Bloomberg reported....
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Gemini Withdrew $282M From Genesis Global Months Before Bankruptcy Filing: Report
Thursday, September 28, 2023 - 10:38am | 638Several months before Genesis Global Holdco LLC halted deposits and eventually declared bankruptcy, cryptocurrency exchange Gemini Trust Co. reportedly withdrew a significant sum from the lender. This move was part of an initiative by Gemini, owned by the Winklevoss twins, Tyler and Cameron, to...
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What's Next For MicroStrategy's Bitcoin Holdings, According To CEO Michael Saylor?
Tuesday, February 7, 2023 - 3:36pm | 449Enterprise-software company MicroStrategy Inc (NASDAQ: MSTR), the largest publicly traded Bitcoin (CRYPTO: BTC) holder, might consider participating in futures contracts on CME Group's marketplace to generate yield, according to Michael Saylor, MicroStrategy's co-...