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Gemini’s Founders Face Scrutiny over $280M Crypto Withdrawal amid Genesis Crisis
Cameron and Tyler Winklevoss, the Co-Founders of Gemini, are under scrutiny over alleged secret withdrawal of $282 million from the now-bankrupt crypto lender, Genesis. This withdrawal occurred just months before the entire crypto firm collapsed, according to a report by the New York Post. Cameron and Tyler Winklevoss have been grappling with a series of setbacks in recent times, including layoffs and plummeting trading volumes at Gemini. However, the focus changed when over $900 million in Gemini customer deposits were frozen due to the collapse of Genesis, the crypto lending platform that facilitated Gemini Earn, ... (full story)