Winklevoss Twins, Gemini Sued by Owners of Genesis-Tied Accounts

Nov. 17, 2025, 9:16 PM UTC

Cameron and Tyler Winklevoss and their Gemini Trust Co. cryptocurrency exchange are responsible for account losses that occurred when partner company Genesis Global Capital collapsed, investors allege.

Gemini and the Winklevoss twins, who are its corporate leaders and indirect owners, offered unregistered securities in the form of interest-earning “Gemini Earn” crypto accounts and misled the holders of those accounts, according to BAO Family Holdings LLC and an individual investor. Their proposed class action was filed Nov. 15 in the US District Court for the Southern District of Florida.

In April 2024, the US Bankruptcy Court for the Southern District of ...

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