Tightens Between Gemini and DCG - Coinleaks
Current Date:November 7, 2024

Tightens Between Gemini and DCG

Cryptocurrency exchange Gemini, grayscaleAnd Genesis‘s parent company DCGof 630 millionHe said he missed a dollar bill payment.

Geminiand Digital Currency Group ( DCG ) the cold weather between the months does not pass. The process, which started with the tightening of Gemini’s assets in Genesis, progressed to debt liability and creditor status.

Stating that he has been displaying a solution-oriented approach for months, Gemini, of DCGliable to pay 630 million dollarsHe said he didn’t allocate.

Gemini Suffers From Genesis

crypto exchange Gemini, GenesisAnd grayscale‘s parent company Digital Currency Group ( DCG) said he missed the debt payment.

Gemini works hard to reclaim the Earn assets trapped in the bankrupt Genesis. Company approx. 1.1 billion reported that more than $US$ of client assets remained with Genesis and would be allocated. Gemini, which transfers the ongoing processes to its users with updates, in its last transfer. DCGHe stated that he missed the payment.

Gemini, which recently published a statement, said that DCG’s 630 millionHe stated that he did not pay his dollar debt and that if an agreement is not reached, the processes will be carried forward independently of DCG.

230,000 Earns Trying to take back the existence of its user from Genesis, Gemini stated that if DCG does not fulfill the necessary obligations, it will only proceed with Genesis. Moreover Geministated that they will clarify whether they will tolerate DCG depending on whether or not DCG will enter into good faith negotiations.