Bybit

Gemini co-founder Cameron Winklevoss on Friday said the firm will continue with its decision to take legal action against Digital Currency Group, founder Barry Silbert, and others accountable for Gemini’s harm. Genesis Trading’s lending business Genesis Global Capital filed for Chapter 11 bankruptcy in the Southern District of New York. Winklevoss says Gemini will use The post Will “Gemini Earn” Users Get Their Money Back? appeared first on CoinGape.

The world’s largest crypto exchange Binance has reportedly eliminated Barry Silbert’s Digital Currency Group’s (DCG) ability to make time-weighted average price (TWAP) trades. The potential reasons behind the move involve legal risks amid Genesis bankruptcy and investigations by the U.S. Department of Justice (DOJ). Binance Stops Crypto Trades by DCG Crypto influencer Andrew in a The post Binance Reportedly Eliminates DCG’s TWAP Trades Citing Legal Risks appeared first on CoinGape.

The community questioned Bybit’s timing in revealing their exposure, with many demanding proof to back up the reassurance from the CEO.