Tegan克莱恩

2023年1月3日

作为回应,希尔伯特走上Twitter反驳温克里弗斯的说法:“常规心电图没有借16.75亿美元从创世纪常规心电图从未错过了一个利息支付《创世纪》和目前所有未偿贷款;下一个贷款期限是2023年5月常规心电图送到创世纪和你的顾问建议12月29日,没有得到任何回应。”Tegan克莱恩,Chief Business Officer and cofounder of Web3 startup Edge & Node, told Insider that both firms bear responsibility in the situation. "Gemini got their users into this situation and DCG and Genesis lending seem to have over-leveraged themselves," Kline said. How did DCG, Genesis and Gemini get wrapped up in the alleged debt-based scandal? Gemini, which was cofounded by Winklevoss and his identical twin Tyler, paused redemptions on the firm's lending product called Earn a week after crypto exchange FTX filed for bankruptcy protection in November. The offering gave customers the chance to earn as much as 8% interest on their crypto by lending those digital assets out to DCG's Genesis. But Genesis got caught up in FTX's downfall, with its derivatives business having $175 million of locked funds on Sam Bankman-Fried's now-insolvent platform. The implosion of FTX triggered an influx of withdrawal requests for Genesis. As a result, the firm suspended new loan originations and redemptions because of its FTX exposure. This impacted Gemini Earn users because customers lent out their digital tokens to DCG's Genesis for the yields. The Winklevoss letter comes as investors are are suing the twins and their firm over the interest-bearing product. A complaint filed on December 27 said Gemini refused to honor investor redemptions, wiping out investors who still had holdings, as Genesis was unable to return the crypto it borrowed from Gemini Earn investors. A group of Gemini investors are also accusing the firm of fraud and securities law violations. Andrei Grachev, Managing Partner at digital asset market maker DWF Labs, told Insider that Genesis has been a concern for some time. "While the collapse may not have a major impact on the industry as a whole, it marks the end of an era as DCG, long feared to be the final domino to fall, will finally succumb," he said. Read next