Digital Currency Group (DCG) has filed a motion to dismiss the lawsuit brought against them by the crypto firm Gemini Trust Company, LLC.
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Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud ClaimsJUST IN: Barry Silbert's crypto conglomerate DCGco has filed a motion to dismiss allegations of fraud made in a July 7 lawsuit from Gemini, the Winklevoss twins' exchange. IanAllison123 reports
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Digital Currency Group seeks to end fraud case by Winklevoss twins' GeminiDigital Currency Group on Thursday urged a U.S. judge to dismiss a lawsuit claiming it defrauded customers of Gemini Trust, which was founded by billionaire twins Tyler and Cameron Winklevoss, into lending money to its now-bankrupt Genesis Global Capital unit.
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Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it’s a PR campaignAccording to Digital Currency Group’s filing, Gemini could largely not back up its claims of fraudulent activity from the VC firm regarding Genesis and the Earn program.
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PayPal's stablecoin is first dollar-backed digital currency from a major U.S. financial institutionPayPal on Monday launched a stablecoin to help facilitate payments. The move comes as market participants await a vote in Congress on a key stablecoin bill.
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Russia to halt foreign currency purchases, launch digital rubleRussia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling further
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