![]() Crypto staking has become a popular way to utilize unused digital assets and earn interest over time. “It has been challenging to have my integrity and good intentions questioned after spending a decade pouring everything into this company and the space with an unrelenting focus on doing things the right way,” he wrote.Īs he faces calls to resign and Winklevoss’s claims of dubious accounting tricks, Silbert reminisced in his letter on “fond memories of the early days of our industry, working hard to help educate and fighting in the trenches with fellow entrepreneurs and investors to gain legitimacy. Gemini, in collaboration with Genesis Global Capital, introduced Earn, an innovative service that enables users to earn interest on their cryptocurrency. Gemini, Celsius Network, and Voyager Digital are reportedly being inspected by SEC due to their crypto lending services that offer high yield rates. It provides an advanced platform for investors in the U.S. ![]() ![]() DCG did not borrow $1.675 billion from Genesis DCG has never missed an interest payment to Genesis and is current on all loans outstanding next loan maturity is May 2023 DCG delivered to Genesis and your advisors a proposal on December 29th and has not received any response- Barry Silbert January 2, 2023įor his part, Silbert, who has been involved in the crypto industry for a decade, said in a letter to DCG shareholders on Tuesday that 2022 was the hardest year of his life “both personally and professionally.” According to the complaint, in December 2020, Genesis, part of a subsidiary of Digital Currency Group, entered into an agreement with Gemini to offer Gemini customers, including retail investors in the United States, an opportunity to loan their crypto assets to Genesis in exchange for Genesis’ promise to pay interest. 8 One of the top cryptocurrency exchanges is Gemini. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |