Winklewii, or the art of the secret withdrawal

Discussion in 'Crypto Assets' started by Pekelo, Sep 28, 2023.

  1. Pekelo

    Pekelo

    As they say in trading, timing is everything...

    "Cameron and Tyler Winklevoss secretly withdrew more than $280 million held by their crypto company’s bank — mere months before the firm’s collapse left the twins’ customers unable to access their deposits, The Post has learned.

    The twins are cofounders of Gemini, a once-rising digital currency exchange that has been plagued this year by layoffs and plunging trading volume.

    Some $900 million in Gemini customer deposits were frozen last Nov. 16, after Genesis was exposed to the meltdown of disgraced Sam Bankman-Fried’s FTX empire and forced to suspend withdrawals.

    It is unclear if the withdrawn funds were Gemini corporate assets or from the Winklevoss twins’ personal crypto stash.

    Notably, the sum did not include any Gemini customer funds."

    https://nypost.com/2023/09/27/winkl...emini-assets-before-genesis-collapse-sources/

    [long article but worth to read it]
     
  2. gwb-trading

    gwb-trading

    It's all a fraud. Basically the entire crypto industry.
     
  3. This is completely fake news do 1 seconds of research.
     
  4. link please?
     
  5. Overnight

    Overnight

    Yeah, I guess this is Photoshopped, huh...

    gensis lawsuit.png

    Why don't you call Hughes, Hubbard & Reed and tell them it's fake and they should stop pranking the courts.
     
  6. This doesnt even say anything tho. It just says DCG and Gemini and in a legal battle ... but everybody know that already
     
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  10. Your argument convinced me. Selling all my btc tomorrow
     
    #10     Sep 29, 2023