Will 340,000 Gemini users get their money back from Genesis?

Hello and welcome back to our first Daily Defiant of 2023, a year which promises many great things for the world of DeFi. I’m Jack, and with the Defiant video team, we’ll be bringing you all the most relevant developments from exciting Layer 2 news to highly anticipated zero-knowledge updates, and the ongoing battle against […]

Will 340,000 Gemini users get their money back from Genesis?

Hello and welcome back to our first Daily Defiant of 2023, a year which promises many great things for the world of DeFi. I’m Jack, and with the Defiant video team, we’ll be bringing you all the most relevant developments from exciting Layer 2 news to highly anticipated zero-knowledge updates, and the ongoing battle against the 2022 contagion. So click the bell button on your screen to make sure you’re notified of the content we’re creating for you.

Today’s video is about a $1.65 billion dispute between Barry Silbert’s Digital Currency Group, and the hundreds of thousands of retail Gemini users he apparently owes money to. Let’s dive in and figure out how the Winkelvoss Twins and even Su-Zhu got involved in the dispute.

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