Cameron Winklevoss, a Co-Founder of Gemini, has accused DCG of stalling their efforts to claim funds worth approximately $1.7 billion. The funds have been on hold reportedly since mid-November. 

Cameron Winklevoss has penned an open letter to Digital Currency Group’s Barry Silbert requesting a commitment towards finding a solution to Gensis’ liquidity issues by January 8th.

A group of investors has filed a class-action complaint against Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, alleging that the U.S. cryptocurrency exchange sold unregistered securities in the form of interest-bearing accounts.

Tyler and Cameron Winklevoss, founders of Gemini cryptocurrency exchange, are reportedly facing a new lawsuit from investors over interest-earning program Gemini Earn.

Gemini Trust Co. has been caught in the crossfire over the prevailing liquidity crisis at crypto lender Genesis Global. In the latest development, investors have sued Gemini co-founders Tyler and Cameron Winklevoss over claims that the crypto exchange sold them interest-bearing accounts which failed to register as securities. The investors have accused the Winklevoss twins of fraud and violations of the Exchange Act. On Tuesday, December 27, they also filed a class action lawsuit in the Manhattan federal court. (coingape)

Crypto exchange Gemini has suffered a second downtime within the last seven days.

Crypto exchange Gemini has been down for over three hours since the late hours of Thursday due to a scheduled maintenance, the firm said with no other explanation.

A third-party vendor related to Gemini appeared to have suffered a data breach on or before Dec. 13. According to documents obtained by Cointelegraph, hackers gained access to 5,701,649 lines of information pertaining to Gemini customers’ email addresses and partial phone numbers. In the case of the latter, hackers apparently did not gain access to the full phone numbers, as certain numeric digits were obfuscated. After the news came to light, Gemini has since clarified in a&nbsp;<a href="https://www.gemini.com/blog/protecting-our-customers-from-phishing-campaigns" target="_blank">blog post</a>&nbsp;that the breach appeared to be "result of an incident at a third-party vendor" but also warned of ongoing "phishing campaigns" as a result of the data leak.&nbsp;

Multiple users reached out to Cointelegraph, alleging that the leak, which Gemini attributes to a "third-party incident," happened much earlier than first expected.&nbsp;

Gemini recommends using two-factor authentication (2FA) and/or hardware security keys to protect Gemini account.