Crypto lender Genesis Global Capital sues its ex-partner Gemini Trust for $689 million
Genesis Global Capital, a crypto lender, has filed a $689 million lawsuit against its former partner, Gemini Trust, in the latest legal battle within the crypto industry. The lawsuit claims that Gemini withdrew funds unfairly, causing harm to other creditors, and Genesis is asking the court to intervene. The origins of this conflict can be traced back to the demise of FTX, which resulted in Genesis, a subsidiary of Digital