U.S. securities regulators on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through the companies’ Gemini Earn crypto asset lending program.
Cameron Winklevoss, co-founder of crypto exchange Gemini Trust Co., lashed out at Digital Currency Group CEO Barry Silbert on Monday, accusing him of “bad faith stall tactics” over nearly a billion dollars’ worth of customers’ crypto assets that have been frozen for more than a month.