Genesis and Gemini have been embattled in a public and authorized feud ever for the reason that collapse of FTX. Genesis filed for chapter in January. Its dad or mum firm, Digital Forex Group (DCG), was sued by Gemini in July over allegations that DCG then described as “defamatory” and a “publicity stunt.” In September, Genesis sued its dad or mum firm, DCG, searching for the compensation of a number of loans value over $600 million. After which, in October, Gemini sued Genesis over 60 million shares of the Grayscale Bitcoin Belief (GBTC), valued at round $1.6 billion. Gemini’s co-founders are the Winklevoss twins, Tyler & Cameron.
