A report from the Santa Barbara Independent. "'We’re seeing a shift in the market here…
This Post Has 2 Comments
From the first 21 minute video:
Phoenix Real Estate Market Update-Coming Soon Listings Up Almost 50%
Kristen Armstrong Realtor
Dec 27, 2022 PHOENIX
Here come the listings… in the Phoenix Market we are seeing the coming soon listings enter the market.
The second 3 minute video:
Buyers Remorse: The Nightmare of Being Trapped in the Bay Area real estate market
Nagaraj Annaiah
Dec 27, 2022 SANTA CLARA
Buyers Remorse: The Nightmare of Being Trapped in the Bay Area real estate market
Hello there. I am Nagaraj Annaiah, a local tech realtor who will give you realty updates on Bay Area, and also help you sell or buy a home here. Subscribe to my channel to stay updated on the latest realty happenings in Santa Clara, San Benito, Monterey, Santa Cruz, and San Mateo, among others.
The third 8 minute video:
This Is How The Year Is Ending In Brampton, Mississauga & Durham Real Estate – Dec 21
Team Sessa Real Estate
Dec 28, 2022 CANADA
Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of Dec 15 – Dec 21, 2022.
Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, were sued by investors who say the crypto asset exchange sold interest-bearing accounts that it failed to register as securities.
The investors accused the company and its founders of fraud and violations of the Exchange Act in a proposed class-action complaint filed Tuesday in Manhattan federal court.
Gemini Trust Earn products attracted investors with the potential for generating as much as 8% in interest on their holdings. In mid-November, though, Tyler and Cameron Winklevoss suddenly halted redemptions after a key partner, Genesis Global, became ensnared in the crypto contagion caused by the implosion of Sam Bankman-Fried’s FTX.
Gemini “refused to honor any further investor redemptions, effectively wiping out all investors who still had holdings in the program,” the investors said in the complaint. Had the products been registered, the investors said they would’ve received disclosures that would have let them assess the risks better.
Gemini’s customer agreement specifies arbitration as the sole means of resolving disputes, and many account holders have filed arbitration claims against it and Genesis as a result. Customers argue they were misled into believing the Earn products were relatively safe.
The agreement contains language stating that the products are uninsured and carry risks including “total loss” of assets, but claimants argue the terms were de-emphasized in Gemini’s marketing.
From the first 21 minute video:
Phoenix Real Estate Market Update-Coming Soon Listings Up Almost 50%
Kristen Armstrong Realtor
Dec 27, 2022 PHOENIX
Here come the listings… in the Phoenix Market we are seeing the coming soon listings enter the market.
The second 3 minute video:
Buyers Remorse: The Nightmare of Being Trapped in the Bay Area real estate market
Nagaraj Annaiah
Dec 27, 2022 SANTA CLARA
Buyers Remorse: The Nightmare of Being Trapped in the Bay Area real estate market
Hello there. I am Nagaraj Annaiah, a local tech realtor who will give you realty updates on Bay Area, and also help you sell or buy a home here. Subscribe to my channel to stay updated on the latest realty happenings in Santa Clara, San Benito, Monterey, Santa Cruz, and San Mateo, among others.
The third 8 minute video:
This Is How The Year Is Ending In Brampton, Mississauga & Durham Real Estate – Dec 21
Team Sessa Real Estate
Dec 28, 2022 CANADA
Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of Dec 15 – Dec 21, 2022.
Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, were sued by investors who say the crypto asset exchange sold interest-bearing accounts that it failed to register as securities.
The investors accused the company and its founders of fraud and violations of the Exchange Act in a proposed class-action complaint filed Tuesday in Manhattan federal court.
Gemini Trust Earn products attracted investors with the potential for generating as much as 8% in interest on their holdings. In mid-November, though, Tyler and Cameron Winklevoss suddenly halted redemptions after a key partner, Genesis Global, became ensnared in the crypto contagion caused by the implosion of Sam Bankman-Fried’s FTX.
Gemini “refused to honor any further investor redemptions, effectively wiping out all investors who still had holdings in the program,” the investors said in the complaint. Had the products been registered, the investors said they would’ve received disclosures that would have let them assess the risks better.
Gemini’s customer agreement specifies arbitration as the sole means of resolving disputes, and many account holders have filed arbitration claims against it and Genesis as a result. Customers argue they were misled into believing the Earn products were relatively safe.
The agreement contains language stating that the products are uninsured and carry risks including “total loss” of assets, but claimants argue the terms were de-emphasized in Gemini’s marketing.
https://www.latimes.com/business/story/2022-12-28/gemini-winklevoss-twins-sued-fraud-earn-accounts
Total loss? Is that a lot?