Gemini’s Winklevoss accuses crypto mogul Silbert of ‘bad religion stalling tactics’ around frozen cash

Gemini’s Winklevoss accuses crypto mogul Silbert of ‘bad religion stalling tactics’ around frozen cash


Important Factors
  • In an open up letter, Gemini President Cameron Winklevoss accused Digital Forex Group CEO Barry Silbert of partaking in “poor faith stalling ways.”
  • Gemini is making an attempt to recoup $900 million of shopper resources which it lent to Electronic Forex Team subsidiary Genesis to produce yields for its desire-bearing Gemini Earn accounts.
  • Just after FTX submitted for bankruptcy, Gemini paused redemptions for Gemini Earn as Genesis World Cash also suspended new personal loan originations and redemptions.



Resource

Stocks making the biggest moves midday: Freeport-McMoran, Coupang, Target & more
Finance

Stocks making the biggest moves midday: Freeport-McMoran, Coupang, Target & more

Check out the companies making the biggest moves midday: Freeport-McMoRan — The miner rose 3.1% as gold and other metals scaled to record levels. Target — The retailer rose more than 1% after The Financial Times reported, citing sources, that hedge fund Toms Capital Investment Management made a big investment in Target. Pressure from the […]

Read More
Stocks making the biggest moves premarket: Nvidia, Micron, SanDisk & more
Finance

Stocks making the biggest moves premarket: Nvidia, Micron, SanDisk & more

Check out the companies making headlines before the bell. Nvidia — The semiconductor firm’s stock rose 0.5% after it agreed to pay $20 billion to acquire assets from artificial intelligence startup Groq, marking its largest purchase ever. Micron Technology , SanDisk — The digital memory firms’ stocks were up after DigiTimes reported , citing industry […]

Read More
Stocks making the biggest moves premarket: Nike, Dynavax Technologies, UiPath & more
Finance

Stocks making the biggest moves premarket: Nike, Dynavax Technologies, UiPath & more

Check out the companies making headlines before the bell: Nike — The sportswear stock rose 2% after a filing showed that Apple CEO Tim Cook bought nearly $3 million worth of Nike shares. Dynavax Technologies — The biopharmaceutical stock surged 38% after Sanofi said it will acquire Dynavax in a deal with a total equity […]

Read More