The verbal battle between Gemini crypto exchange and Digital Currency Group (DCG) continued on Friday, a day after DCG sought to dismiss a fraud lawsuit. Cameron Winklevoss, one of the Winklevoss twins, took to X (formerly known as Twitter) to respond to DCG’s court filing which stated that they had virtually nothing to do with the Gemini Earn program. Cameron wrote, This is a direct admission that they did in fact have something to do with the Gemini Earn program. Lol.
DCG’s subsidiary, Genesis, held funds for Gemini Earn which caused a problem for Gemini when Genesis was forced to halt customer withdrawals at its lending arm. DCG also owns CoinDesk. Cameron further commented on DCG’s court filing which said that they owed no duty to Gemini to correct the allegedly false misstatements of [Genesis], writing, You’ve got to be kidding me. When a company you own says you wrote a $1.1 billion dollar check that you know you didn’t write, yes, you have a duty to correct this. Sorry, but this doesn’t even pass the giggle test. Good luck making these arguments to a jury of your peers. See you in court.
When asked to comment, a DCG spokesperson said, DCG’s motion speaks for itself.