Gemini emphasised connections to the FDIC when customers asked if their assets were safe. Almost $1bn in customer assets have since been frozen on the platform.
February 1, 2023Genesis has more than 100,000 creditors who may be owed up to USD 10 billion. The biggest creditor is crypto exchange Gemini.
January 24, 2023Nexo settled charges from US regulators for $45mn. The company was separately raided by Bulgarian authorities last week.
January 20, 2023The SEC says the Gemini Earn programme, which allowed investors to earn interest on their crypto assets, constituted the offer and sale of unregistered securities.
January 13, 2023The FTX loss is disappointing, but it does not imply that the governance system is not working, deputy PM Lawrence Wong said.
December 1, 2022MAS said Three Arrows Capital exceeded its allowable AUM and gave the regulator a false representation. The company entered into liquidation this week.
July 1, 2022Deputy PM Heng Swee Keat said in-principle approvals were being issued to three more DPT licence applicants, later identified as Crypto.com, Genesis and Sparrowtech.
June 23, 2022