This Could Be The NEXT FTX… 2 BILLION DOLLARS MISSING



Gemini is a popular cryptocurrency exchange that holds cryptocurrencies 1:1 on their platform, so they’re solvent EXCEPT FOR A 1 BILLION DOLLAR HOLE thanks to Genesis Trading… Digital Currency Group the parent company owes out 2 Billion dollars in crypto and fiat right now… Sub – https://voskco.in/sub

Custody your own coins with a Trezor wallet – https://voskco.in/trezor
Keep your crypto in cold storage with a Ledger – https://voskco.in/ledger

Sam Bankman-Fried the biggest scammer in history who’s heralded by mainstream media and us government officials is bringing the PAIN across the crypto sector as the FTX contagion continues to impact crypto companies… Barry Silbert of DCG Digital Currency Group which champions the Greyscale Bitcoin GBTC and assumed a big loss from Genesis Trading owes Gemini exchange almost a billion dollars and another billion of funds due elsewhere… This could send Bitcoin and Ethereum prices MUCH LOWER in the short-term, price predictions for btc and ETH are SCARY with these billion dollar companies imploding.

Links
CoinDesk: Genesis Needs $1.8B https://www.coindesk.com/business/2022/12/04/genesis-creditor-groups-loans-amount-to-18b-and-counting-sources/
DCG’s Portfolio – https://dcg.co/portfolio/
Messari What Happens Next? https://twitter.com/messaricrypto/status/1598421699350831104?s=46&t=SNQWbsvfHkjRqjhbX0M1qw
Ryan Selkis’ DCG/Genesis Research: https://twitter.com/twobitidiot/status/1599404828387463168/photo/1
Degentrading – is Barry Silbert another SBF? https://twitter.com/hodlKRYPTONITE/status/1595325206046072832

⏰ Timestamps ⏰
00:00 The FTX Contagion has Spread
01:02 Genesis needs $1.8B
01:54 What is DCG?
03:33 The Genesis Gemini relation
04:40 Are BlockFi Wallet Funds Held on Gemini?
05:36 What will happen to Genesis Trading?
09:05 Will Genesis go bankrupt?
13:23 How can we protect ourselves?

Follow us on our official social media accounts – https://voskco.in/22

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#cryptocurrency #dcg #digitalcurrencygroup #gemini #gensis #bankrupt #ftx

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Genesis and Gemini Earn Halt Withdrawals as FTX Contagion Spreads



This episode is sponsored by Nexo.io, Circle and Kraken.

On today’s episode, NLW covers the latest fallout from the FTX collapse. Genesis Capital has paused withdrawals and loan origination, which has also led to Gemini pausing its Earn program. NLW also covers the latest in why last week’s CPI print may not be as bullish as it seems and why Apple plans to move semiconductor manufacturing onshore.

(Genesis Global Capital is a subsidiary of Digital Currency Group, the parent company of CoinDesk.)

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Nexo Pro allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on pro.nexo.io.

–

Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.

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Kraken, the secure, trusted digital asset exchange, is our sponsor for today’s show. Kraken makes it easy to instantly buy 185+ cryptocurrencies with fast, flexible funding options. You’re covered by industry-leading security and award-winning Client Engagement, available 24/7. Sign up and trade today at kraken.com.

–

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “Back To The End” by Strength To Last. Image credit: zhuweiyi49/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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Gemini Earn Withdrawals PAUSED, Genesis Trading IN TROUBLE? Next FTX?



Gemini Earn Withdrawals PAUSED, Genesis Trading IN TROUBLE? Next FTX? Just days ago Genesis Trading which has DCG Digital Currency Group as their parent company said they lost 7mm with FTX, and then it turned out to be 175 MILLION dollars lost, and now they are pausing Gemini Earn withdrawals due to liquidity issues… are we dealing with the next insolvent billion dollar crypto company, or actually truly.. just liquidity issues…

Follow VoskCoin on all of our social media and forum! https://voskco.in/22

Gemini Earn Withdrawals PAUSED, Genesis Trading IN TROUBLE? Next FTX? What do you think?

Direct link to Gemini – https://voskco.in/gemini

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#crypto #gemini #bitcoin #cryptonews #voskcoin #genesistrading #geminiearn #ftx #sbf #ftxus #scam #ponzi #livestream

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MORE HALTED CRYPTO WITHDRAWALS?! WTF Gemini Earn and Genesis Trading



Gemini is a popular cryptocurrency exchange, boasts all of their crypto deposits are held in reserve 1:1. Gemini is a product of the billionaire Winklevoss twins, but Gemini Earn just HALTED WITHDRAWALS?! Subscribe! https://voskco.in/sub

Direct link to Gemini – https://voskco.in/gemini

FTX collapsed, and here’s what YOU need to know – https://www.youtube.com/watch?v=5F2xIIWD_kQ
FTX and FTX US are a ponzi scheme by SBF – https://www.youtube.com/watch?v=6UqaJblBXxI
BlockFi paused withdrawals, next to go bankrupt? https://youtu.be/eBTBBay9W3w

Gemini Exchange and the Winklevoss brothers have very deep pockets – yet here we are, with Gemini Earn having paused withdrawals and no update in sight as of yet. With Genesis Trading, the primary source of interest for the Gemini Earn rates, having requested a loan of a staggering $1 Billion, are they in more trouble than we realize? What could the future be for Gemini and the Gemini Earn program? What should you do right now if you’re exposed to these entities? Let’s take a deep dive into the situation around Gemini and Genesis.

📃 Read the investigation threads here: 📃
Gemini exchange statement on trust and safety –
https://www.gemini.com/blog/gemini-is-built-on-trust-safety-and-compliance
Crypto Regulations in New York with Gemini – https://www.gemini.com/cryptopedia/new-york-cryptocurrency-regulations
Winklevoss Capital portfolio of investments –
https://winklevosscapital.com/portfolio/
Tyler and Cameron Winklevoss –
https://twitter.com/tyler
https://twitter.com/cameron

⏰ Timestamps ⏰
00:00 FTX contagion hits hard
01:00 How is Gemini holding up right now?
02:58 How affected is Gemini Earn right now?
06:56 Winklevoss – BlockFi connection
09:58 My withdrawal process from Gemini Earn
12:07 Gemini Earn pauses withdrawals
14:30 Gemini Earn is removed and interest rates nuked
15:09 Genesis seeking $1 Billion in funding

Follow us on our official social media accounts – https://voskco.in/22

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#crypto #gemini #bitcoin #cryptonews #voskcoin #genesistrading #geminiearn #ftx #sbf #ftxus #scam #ponzi

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This Crypto Company Needs 1 BILLION DOLLARS OR IT IMPLODES…



Genesis Trading, owned by one of the biggest crypto firms Digital Currency Group, has publicly requested a loan of $1 Billion in order to stay liquid! If DCG and Genesis Trading don’t get these funds, it could leave crypto investors without their funds temporarily or even rugged forever. FTX Contagion continues thanks SBF. Sub! https://voskco.in/sub

Direct link to Gemini – https://voskco.in/gemini
Direct link to Genesis Trading – https://genesistrading.com/
Direct link to Digital Currency Group DCG – https://dcg.co/

FTX collapsed, and here’s what YOU need to know – https://www.youtube.com/watch?v=3fB-SHXzEDA
FTX and FTX US are a ponzi scheme by SBF – https://www.youtube.com/watch?v=6UqaJblBXxI
Is Gemini Earn the next lending program to go bankrupt? –
https://www.youtube.com/watch?v=xaso813Qdy4

With Genesis Trading, the primary source of interest for many crypto lending programs, having requested a loan of a staggering $1 Billion, are they in more trouble than we realize? Gemini Earn halted withdrawals, and it is because of Genesis Trading not having the liquidity they need to fulfill these withdrawal requests… What does the future of cryptocurrency look like if Genesis and DCG end up bankrupt or insolvent? Let’s take a deep dive into the situation around Genesis and its complicated web of associated crypto companies and products.

Thanks a lot Sam Bankman-Fried and FTX the biggest ponzi scheme scam ever….

Keep your crypto safe in cold storage!
Trezor – https://voskco.in/trezor
Ledger – https://voskco.in/ledger

📃 Read the investigation threads here: 📃
Revealing Genesis $1B loan request – https://twitter.com/twobitidiot/status/1593292793581113345?s=20&t=vVsk3MI4cfcP0EGzMr0Lgg
Genesis updates regularly on their Twitter timeline –
https://twitter.com/GenesisTrading/status/1590391027214725120
https://twitter.com/GenesisTrading/status/1590836594382032896
https://twitter.com/GenesisTrading/status/1592867198900768769
Grayscale break down their exposure to FTX –
https://twitter.com/Grayscale/status/1592882142169944065
Watch Coffeezilla’s video on the Genesis situation for extra insight –
https://www.youtube.com/watch?v=TNXYHNdGYfc
Grayscale crypto holdings that could end the market if liquidated – https://twitter.com/mhonkasalo/status/1593372448430358531?s=46&t=jIbD-hqlGb8hYZ06adPV2w
What this Genesis situation could do to the market –
https://twitter.com/DylanLeClair_/status/1592960066293927937

⏰ Timestamps ⏰
00:00 SBF FTX BlockFi Gemini & Genesis all connected
00:40 Gemini halting Gemini Earn redemptions
01:29 Genesis impacted heavily
02:45 Grayscale also in trouble?
03:42 Digital Currency Group also in trouble?
04:26 DCG is a huge company
05:44 Grayscale GBTC is trading below premium!
08:10 MicroStrategy has the biggest bag of GBTC
09:55 Binance not affected?
11:00 Illiquid or insolvent?
12:11 Digital currency group is seeking 1 Billion dollars
13:14 Be kind to your fellow crypto enthusiasts!

Follow us on our official social media accounts – https://voskco.in/22

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#crypto #gemini #bitcoin #cryptonews #voskcoin #genesistrading #geminiearn #ftx #sbf #ftxus #scam #ponzi

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FTX Contagion Spreads, Nexo Crypto Lender Next?



Nexo is one of the last cryptocurrency lenders still operational, FTX led by Sam Bankman-Fried filed for bankruptcy, Genesis Trading who operated Gemini Earn have paused withdrawals, and BlockFi have frozen all of their accounts… Is Nexo actually safe? Subscribe! https://voskco.in/sub

Direct link to Nexo – https://voskco.in/next

Is Nexo NEXT though? Ironically Nexo had offered to acquire BlockFi in 2022, and now BlockFi is in dire need of additional funding, so one conspiracy is that Nexo could be bailing BlockFi out just like FTX did led by SBF. However, FTX imploded as a massive ponzi scheme scam, and trust in most cryptocurrency companies is at an all time low. Nexo, if their proof of reserves hold true, and their business is truly solvent and profitable, stand to take control of the crypto lending and borrowing sector – at least on the CeFi side, there is of ourse always DeFi protocols like Aave. Let’s review Nexo, and if 2022 will set them up for success in 2023, or Nexo will be the next crypto lender to file for bankruptcy…

Voyager VGX facing bankruptcy? – https://www.youtube.com/watch?v=HGcrZofa3AM
Gemini Earn faces a similar fate to Voyager? – https://www.youtube.com/watch?v=xaso813Qdy4
What is the future for BlockFi? – https://www.youtube.com/watch?v=eBTBBay9W3w

📃 Read the investigation threads here: 📃
Nexo confirms that they have no exposure to FTX or any of the contaminated companies – https://twitter.com/Nexo/status/1592872077983645697
https://twitter.com/Nexo/status/1590068797284941829
https://twitter.com/Nexo/status/1590068799415279616
Nexo offered $850m to buy BlockFi before FTX – https://www.theblock.co/post/187653/nexo-had-offered-blockfi-an-850-million-deal-to-potentially-acquire-it
Nexo co-founder interview – https://twitter.com/BloombergTV/status/1590802425933230080
Should you trust Nexo’s proof of reserves page? – https://twitter.com/Bitcoin/status/1591479648558678016
Nexo withdrew $219 Million from FTX before collapse! – https://twitter.com/AaronDBennett/status/1590641964646817795
Nexo set to launch their non-custodial wallet – https://cryptoslate.com/nexo-set-to-launch-their-own-non-custodial-smart-wallet/

⏰ Timestamps ⏰
00:00 Bad news keeps getting worse…
01:07 Nexo offered BlockFi $850m to acquire them!
03:13 Nexo co-founder speaks on FTX
04:32 Were Nexo exposed to Genesis, FTX or BlockFi?
06:23 What is Nexo? Trust their Proof of Reserves?
07:46 Nexo withdraws from FTX before collapse
09:16 Nexo launching a non-custodial smart wallet
10:44 Nexo – the king, or another collapse imminent?
13:01 Billion Dollar deals taking place!

Follow us on our official social media accounts – https://voskco.in/22

VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

#crypto #nexo #bitcoin #cryptonews #voskcoin #nexocoin #ftx #sbf #ftxus #scam #ponzi

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