ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Gemini Earn Program Investors to Secure Counsel Before Important Deadline in Securities Class Action Against Gemini Trust Company, LLC, Tyler Winklevoss, and Cameron Winklevoss

NEW YORK, Feb. 17, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds investors in Gemini interest accounts (“GIAs”), through a program called “Gemini Earn,” between February 2, 2021 and December 27, 2022, inclusive (the “Class Period”) of the important February 27, 2023 lead plaintiff deadline.

This case is against Gemini Trust Company, LLC, Tyler Winklevoss, and Cameron Winklevoss (together, “Defendants”).

SO WHAT: If you invested in Gemini Earn during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Gemini class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email or for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 27, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, Gemini made actionable misstatements that deceived investors by touting Gemini Earn as a safe method of storing crypto assets and collecting interest payments and that Gemini omitted and concealed significant information concerning the risks associated with Gemini Earn, including information concerning its so-called partner and borrower in connection with the program, Genesis Global Capital, LLC. Also according to the lawsuit, Defendants violated securities laws because Gemini failed to register as an exchange and/or broker-dealer and offered and sold unregistered securities without providing registration statements for such securities, which would have apprised investors of the risks and other important information associated with their investments.

To join the Gemini class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email or for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827

GlobeNewswire Distribution ID 8751929

The United States provides US$289 million to fight hunger as the lean season approaches in South Sudan

AWEIL – A contribution of US$288.5 million from the United States Government, through the U.S. Agency for International Development (USAID), will help to support more than two million of the most food-insecure people in South Sudan with life-saving food and nutrition assistance through the 2023 lean season, the United Nations World Food Programme (WFP) announced.

South Sudan is facing one of its hungriest years since independence with 7.76 million people expected to be in crisis or worse levels of hunger (IPC3+). The lean season – the period between household food stocks running out and the next harvest – falls between April and August in South Sudan.

“A fourth year of record flooding, rising costs of food and energy, and ongoing conflict are disrupting lives and livelihoods and threatening to push millions of families further into hunger,” said Mary-Ellen McGroarty, WFP’s Country Director in South Sudan.

“This generous contribution comes at a critical time as we race to dispatch food assistance to the most remote areas ahead of the lean season. Receiving funding in advance means we can act earlier to prevent families from falling into more severe levels of acute hunger when shocks strike,” she says.

The announcement of the funding for WFP’s 2023 humanitarian response was made during a visit to USAID and WFP-supported projects in Aweil, where delegates met with women and children at the Gabat Nutrition Site. The event was attended by Michael J. Adler, the US Ambassador to South Sudan, Kate Crawford, the USAID Mission Director in South Sudan, H.E. Mrs. Rebecca Nyandeng De Mabior, Vice President of South Sudan and Head of Gender, Youth and Humanitarian Cluster, H.E. Tong Akeen Ngor, Governor of Northern Bahr el Ghazal State, and Mary-Ellen McGroarty, WFP’s Country Director in South Sudan.

The contribution from the United States will support the delivery of food to more than 2.2 million severely food-insecure women, children, and men across South Sudan through 2023. As the number of people in need of humanitarian assistance grows, sustainable funding from donors is more critical than ever to prevent a humanitarian catastrophe.

Source: World Food Programme

Rights experts say peaceful transition in South Sudan crucial, amid ‘immense suffering’

South Sudan’s leaders must prioritize a peaceful transition as rampant sexual violence and attacks on civilians continue across the world’s youngest nation, the UN Commission investigating human rights abuses there said on Friday.

“The suffering across the country remains immense,” Commissioner Barney Afako said at a press conference in Juba, the capital. “South Sudanese women and girls continue to face unspeakable sexual violence.”

On the penultimate day of a five-day visit, the Commission took stock of reports from civil society and stakeholders in Juba and Upper Nile state, where the UN runs Protection of Civilians sites that are currently scrambling to accommodate tens of thousands of new arrivals fleeing violence.

Ahead of concluding its eleventh country visit to the country on Saturday, the experts said they have already met with survivors of human rights violations, civil society, senior Government ministers and officials, civilian judges, military judges, diplomats, UN agencies and the UN Mission in South Sudan (UNMISS).

‘Reset’ towards peace

Given the grim landscape of suffering, the Commission said South Sudan’s political leaders must now seize the opportunity to reset the country towards peace, democratic transformation, and prosperity.

“Without a change of approach, the transition will falter,” Mr. Afako said. “Political leaders must reorient their priorities and work together to put an end to this needless violence and protect the human rights of South Sudanese.”

‘Horrific accounts’

“We were still shocked by the sexual violence and continuing attacks against civilians,” said Commissioner Andrew Clapham. “The accounts from survivors are horrific. Many people the Commission has met have experienced attacks over and over again. At the same time, people responsible for crimes walk free.”

Humanitarian agencies in the areas recounted their struggle to provide required assistance to the large number of people seeking shelter, hobbled by limited funding and unsafe supply routes.

Victims and survivors of violence in Upper Nile told stories of vicious attacks, with frightened families hiding in the bushes for days before having to walk miles to reach safety, the Commission said.

Shrinking civic space

Civil society leaders and other observers told commissioners that political and civic space in the country has continued to shrink.

In the past year, the Commission has documented widespread attacks against civilians in several states, including southern Unity state. At the same time, conflicts in Upper Nile State and northern parts of Jonglei State have involved multiple armed groups, with widespread attacks against civilians.

Chronic impunity

Meanwhile, extrajudicial killings continued, implicating senior State officials, who have enjoyed impunity even where the crimes have been caught on camera.

“The Commission continues to identify individuals responsible for serious crimes under both South Sudanese and international law,” Mr. Clapham said.

Established by the UN Human Rights Council in 2016, the Commission is mandated to provide facts. It is keeping a confidential list of names while collecting and preserving evidence against them to share with such transitional justice mechanisms as the hybrid court to be created under the 2018 peace agreement.

“We will be identifying some individuals who bear responsibility for certain events [and] hope that the Government would take steps to hold them accountable,” Mr. Clapham said.

Limited time for transition

There is limited time to make the political transition work, the Commission cautioned. Outstanding key tasks include establishing a unified national army, drafting of a constitution, and creating transitional justice mechanisms.

A further concern is that international interest has waned and needs to be reinvigorated to support these processes, the Commissioners said.

In 2023, an estimated 9.4 million of the most vulnerable will need urgent life-saving assistance and protection, the UN humanitarian office (OCHA) reported in December.

There have been almost five years of delays in fully implementing the 2018 agreement. In August, parties had agreed to a two-year extension of its transitional governance arrangements, postponing planned elections to late 2024.

Mr. Afako said the Commission had warned South Sudan one year ago that the country was “at a tipping point”, given the limited time left to implement critical parts of the peace agreement.

Much work to be done

“Although the transition period has now been extended, there is still an enormous amount of work to do to advance the peace process,” he said. “South Sudanese are desperate to see greater energy and determination among their leaders to address human rights,”

The Commission will present its findings to the UN Human Rights Council in March.

Source: UN News Center