Popular US cryptocurrency exchange Gemini withdrew $282 million worth of cryptocurrency from bankrupt cryptocurrency platform Genesis a few months before it collapsed.
by New York Post 27 September The news presented on the day and based on an anonymous source, Gemini And genesis It revealed a different dimension of the discussions between In the news, Gemini, To Digital Currency Group (DCG) of Genesis before going bankrupt 282 million dollars that you saved place was given.
Withdrawal process by Gemini according to documents provided by anonymous source 2022 of the year August It took place in . withdrawn 282 million dollar in existence 3,120 Bitcoins (BTC), $142 million Gemini Dollar (GUSD), 18,060 Ethereum (ETH) And More than 49.6 million Dogecoin (DOGE) took place.
Anonymous source, taken 282 million dollars fund Gemini Earn customers’ assets He stated that he aims to create a temporary reserve so that they can use it as soon as possible. In addition, none of the funds in question Taylor or cameron to Winklevoss He emphasized that he was not directed.
Affected by the chain bankruptcies in the cryptocurrency market last year, Genesis, managed by DCG, completely stopped withdrawals and then filed for bankruptcy. Following the developments in Gemini, DCG and To Barry Silbert filed a lawsuit and In demand of 1.1 billion dollars was found.
Finally, Digital Currency Group provided Gemini Earn users with a deal offered as part of Genesis’ bankruptcy proceedings. A 95-110% repayment plan He offered.