• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Past Events
  • Contact
Securities Docket
Experts in Risk
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2023 / July / 04 / Crypto Exchange Gemini’s Cameron Winklevoss Tweets $1.5B ‘Final Offer’ in Debt Talks for Bankrupt Genesis

Crypto Exchange Gemini’s Cameron Winklevoss Tweets $1.5B ‘Final Offer’ in Debt Talks for Bankrupt Genesis

By Securities Docket on July 4, 2023, 7:42 am

Winklevoss tweeted a document titled “Best and Final Offer – July 3, 2023,” with the outlines of a plan that calls for $1.465 billion of payments and loans denominated in dollars, bitcoin and ether. The deadline to agree to the deal is 4 p.m. on July 6, according to the letter.

“I write to inform you that your games are over,” Winklevoss wrote in the letter. “In addition to dragging out a resolution, they have ballooned professional fees to over $100 million, all of which have gone to lawyers and advisors at the expense of creditors and Earn users.”

Source: Crypto Exchange Gemini’s Cameron Winklevoss Tweets $1.5B ‘Final Offer’ in Debt Talks for Bankrupt Genesis

Posted in Industry, Top | Tagged Genesis

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events