Gemini Trust Co., which is co-owned by Winklevoss and his twin brother Tyler, paused redemptions on an interest-earning product called Earn in mid-November, a week after rival crypto exchange FTX filed for bankruptcy. The product offered investors opportunities to yield as much as 8% interest on their crypto by lending those digital tokens out to Genesis.
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- Source: https://www.coindesk.com/business/2023/01/02/gemini-co-founder-accuses-dcgs-silbert-of-bad-faith-stalling-in-900m-locked-funds-dispute/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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