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Investors Sue Gemini’s Winklevoss Twins Over Interest Accounts

Gemini Trust Co. has been caught in the crossfire over the prevailing liquidity crisis at crypto lender Genesis Global. In the latest development, investors have sued Gemini co-founders Tyler and Cameron Winklevoss over claims that the crypto exchange sold them interest-bearing accounts which failed to register as securities. The investors have accused the Winklevoss twins of fraud and violations of the Exchange Act. On Tuesday, December 27, they also filed a class action lawsuit in the Manhattan federal court. (coingape)

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