Crypto Stories: Charlie Shrem tells how he became a Bitcoin millionaire
Charlie Shrem went from running a small online business to becoming a Bitcoin millionaire and making the cover of Forbes magazine. And then, he went to prison.In the latest episode of Cointelegraph’s Crypto Stories, Shrem tells the story of how he founded BitInstant, grew it into a multimi ...
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B
Cryptocurrency exchange Gemini filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District of New York Bankruptcy Court on Oct. 27. At issue is the fate of 62,086,586 shares of Grayscale Bitcoin Trust (GBTC). They were used as collateral to sec ...
US banking advocacy group supports Sen. Warren’s reintroduced crypto bill
The United States banking advocacy group, the Bank Policy Institute (BPI), has backed the legislation of vocal crypto critic Senator Elizabeth Warren, calling for digital assets to fall under its own set of Anti-Money Laundering (AML) laws.According to a July 28 Bloomberg report, Warr ...
Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program
United States-based cryptocurrency exchange Gemini has announced legal action against the conglomerate Digital Currency Group (DCG) and its CEO, Barry Silbert, claiming “fraud against creditors.”In a July 7 filing in a New York court, Gemini alleged DCG and Silbert engaged in a ...
Democrats’ ‘war on crypto’ will lose its key voters: Winklevoss twins
United States President Joe Biden and the Democratic Party risk losing its crucial youth voters as a result of their continued “war against crypto," according to the Winklevoss twins.On June 10, the co-founder of the crypto exchange Gemini, Cameron Winklevoss, tweeted the Democrats w ...
Winklevoss Twins Plan to Open Crypto Exchange Gemini Headquarters in UK Due to US Hostility
Tyler and Cameron Winklevoss, the twin brothers who founded the cryptocurrency exchange Gemini, said they plan to open a headquarters in the UK because of U.S. hostility toward cryptocurrencies. Tyler, Cameron Winklevoss said they met with officials from the U.K. Financial ...