Gemini Reportedly Withdrew $280 Million From Genesis Before Crypto Lender Filed for Bankruptcy

By CryptoNews - 7 months ago - Reading Time: 1 minutes

Gemini Reportedly Withdrew $280 Million From Genesis Before Crypto Lender Filed for Bankruptcy

Tyler and Cameron Winklevoss owned Gemini exchange reportedly withdrew approximately $280 million from Genesis Global just months before the crypto lender initiated a freeze on customer deposits and ultimately filed for bankruptcy. 
Genesis and Gemini had jointly offered an "Earn" program that allowed customers to earn interest on their cryptocurrency holdings. 
Under this program, users of the Winklevoss-owned exchange could lend their digital assets through Genesis. ...
Read More: Gemini Reportedly Withdrew $280 Million From Genesis Before Crypto Lender Filed for Bankruptcy

Original source: CryptoNews