Gemini founder Cameron Winklevoss said on Friday that the company will continue to decide to adopt legal and regulatory actions for Digital currency Group, founder Meher Sedabert and others responsible for the damage caused by Gemini. Genesis Global Capital, Genesis Trading's credit business, filed for bankruptcy protection in the southern part of the UK.
Winklevoss indicated that Gemini will use all the special tools provided by the bankruptcy court to maximize the recovery of debts from consumers and other parties within the jurisdiction of the bankruptcy court.
Cameron Winklevoss, founder of password trading center Gemini, revealed in a series of tweets on January 20th that they were nearing the end of getting back customer assets. Genesis Global Capital, the Genesis Global Trading lender, has filed for bankruptcy protection in the south side of New York City.
He claimed that this would be good news for Gemini, as the protection of the bankruptcy court would lead to judicial scrutiny of Genesis 1. In addition, Genesis is required to provide small details about how to harm Gemini's acquisition plan and prevent customers from obtaining asset plans and internal matters.
Cameron Winklevoss also said that although Genesis Global filed for bankruptcy protection, Gemini will continue to apply laws and regulations against Meher Sedabot, DCG and others. He made up lies, and Mehsedabet and Genesis's head office, DCG, once again refused to give a fair deal to the mortgagee.
Crucially, the decision to let Genesis go bankrupt does not exempt Barry, DCG and any crime from accountability at all.
Gemini is about to adopt immediate laws and regulations against the fraud that has caused harm to 3.43 million profitable customers and others. He urged Mehsedabet and DCG to make clear fair and impartial offers to debtors in order to avoid bringing lawsuits against them. Beyond that, Cameron Winklevoss claims that Genesis, DCG and Barry Silbert need an expression, and the bankruptcy court brings an urgent category.
It marks an important milestone in the diligence of helping customers find assets. This is still everyone's top priority.
Genesis's negotiations with creditors were unsuccessful because the parties were unwilling to make Genesis's offer. According to court documents, the largest debtor consists of Gemini (765 million), Bybit's Mirana (151 million), Babel Finance (150 million), overlapping assets (110 million) and 50 other larger unsecured claims.
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