Crypto investors sue Winklevoss twins over interest accounts on Gemini

Tyler and Cameron Winklevoss, founders of Gemini cryptocurrency exchange, are reportedly facing a new lawsuit from investors over interest-earning program Gemini Earn. Disgruntled investors have filed a lawsuit against Gemini founders, accusing the firm of fraud and violations of the securities laws, according to a report by Bloomberg. Filed on Dec. 27 in Manhattan federal […]

Gemini gets regulatory greenlight in Italy, Greece amid lending halt

Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece. Gemini has registered as a virtual currency operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), the firm announced on Nov. 30. The crypto exchange has also received registration as a custodial wallet provider and […]

Cameron Winklevoss steps down from Gemini’s European board

Cameron Winklevoss, a co-founder of cryptocurrency exchange Gemini, has stepped down from the European company board of directors, according to a Companies House filing from Oct. 12. As indicated in a statement sent to the local press, Cameron continues to lead Gemini’s global operations alongside his twin brother Tyler Winklevoss: “We can confirm this change was filed […]

Bitcoin billionaires back ‘moonshot’ scheme to resurrect woolly mammoths

Bitcoin billionaires Tim Draper and the Winklevoss twins have backed a start-up dubbed “Colossal” that is aiming to resurrect woolly mammoths as part of the effort to fight climate change. The “de-extinction” focused bioscience firm closed a $15 million funding round on Sept.13, which was led by Legendary Pictures founder Thomas Tull. The round also […]

Gemini exchange’s crypto custody doubled since January, reaching $25B

The Tyler and Cameron Winklevoss-owned Gemini exchange announced a major milestone on Tuesday, as total cryptocurrency held in custody surpassed $25 billion for the first time.  In charting its impressive growth, Gemini touted growing participation from institutional investors over the past year. Gemini Custody’s assets have more than doubled since the start of 2021. “Our […]