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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (195007)	12/31/2022 10:36:51 PM
From: Pogeu Mahone	Read Replies (1) \| Respond to of 217837

Who are these clowns? -S- Investors Sue Gemini, Winklevoss Twins Over High-Yield Earn ProductsA class-action lawsuit alleges Gemini sold interest-bearing accounts that it failed to register as securities. By Andrew Asmakov Dec 28, 2022 2 min read The Winklevoss twins have invested heavily into Bitcoin and the wider crypto industry. Image: Shutterstock. Gemini Trust Co. and its founders Tyler and Cameron Winklevoss are facing a class-action lawsuit over claims the crypto exchange sold interest-bearing accounts without registering them as securities, per Bloomberg. In a class-action complaint filed in the U.S. District Court for the Southern District of New York on Tuesday, investors accuse the company and its founders of fraud and violations of the Exchange Act. Gemini, which Cameron and Tyler Winklevoss founded in 2015, had its own high-yield product called Gemini Earn that allowed customers to deposit their cryptocurrency for interest, similar to a bank account, offering returns of between 0.45% and 8% on their holdings, depending on the asset. Gemini abruptly suspended withdrawals for Earn last month after Genesis Global—the exchange’s key partner— faced a liquidity crisis amid the contagion sparked by the collapse of FTX, Alameda Research, and scores of other crypto entities. Genesis Owes Gemini Earn Users $900M: ReportEmbattled crypto broker Genesis and its parent company Digital Currency Group (DCG) owe users of Gemini Earn $900 million, the Financial Times reported on Saturday, citing anonymous sources. G... NewsCoins 2 min read Will McCurdyDec 3, 2022 According to reports earlier this month, Genesis and its parent company Digital Currency Group (DCG) owe Gemini Earn users $900 million. In their complaint, the investors said that Gemini “refused to honor any further investor redemptions, effectively wiping out all investors who still had holdings in the program.” The plaintiffs also allege that had the Gemini Earn product been registered, the investors would have received disclosures allowing them to better assess the associated risks. Gemini didn’t immediately respond to Decrypt’s request for comment.

To: TobagoJack who wrote (195007)	1/9/2023 6:58:15 AM
From: Snowshoe	Read Replies (1) \| Respond to of 217837

SBF seems like a piker compared to the "Chief Twit" and his $44 billion dumpster fire... ;) Twitter's San Francisco HQ reportedly a hub of stinky smells sfgate.com Dec. 30, 2022 Elon Musk has reportedly conjured a brilliant plan to disrupt the tech sector and keep his workers focused: cut janitorial services, and slowly unleash a motivational stench across the hallowed halls of Twitter's San Francisco headquarters. The San Francisco offices have been slashed from four floors to two and have been without janitorial services for nearly a month, according to a new story from the New York Times about Musk's visionary tenure as Twitter CEO. The janitors in question went on strike in early December requesting better wages, and Musk responded by getting rid of them altogether. As a result, according to the New York Times, "The office [is] in disarray. With people packed into more confined spaces, the smell of leftover takeout food and body odor has lingered on the floors, according to four current and former employees. Bathrooms have grown dirty, these people said." The remaining workers are reportedly bringing in their own toilet paper, too, an act of insubordination that does not align with Musk's apparent vision for a stinky smelly workplace. The Times story notes that Musk's anti-hygiene stance has wafted to New York; he reportedly cut janitorial services at that Twitter office as well. Musk's fetid directive comes after a series of other cost-cutting maneuvers, including Twitter reportedly no longer paying rent at its San Francisco headquarters. Workers have allegedly been asked to spend long hours and sleep at the offices, which triggered a still-open investigation by the city's Department of Building Inspection.