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Coinpedia
2023-11-22 09:11:54

Genesis Files Lawsuit Against Gemini to Recover $689M in Preferential Transfers

Genesis Files Lawsuit Against Gemini to Recover $689M in Preferential Transfers

The post Genesis Files Lawsuit Against Gemini to Recover $689M in Preferential Transfers appeared first on Coinpedia Fintech News Genesis Global Capital, a crypto lender that recently filed for bankruptcy, has initiated legal proceedings against Gemini Trust, a major cryptocurrency exchange. The aim is to recover $689 million, which Genesis claims were ‘preferential transfers’ made by Gemini, creating what Genesis considers an unfair advantage. Genesis Sued Gemini for $689M According to a court filing …

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