Browsing Tag
digital currency group
16 posts
Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others
Genesis has finalized its restructuring process and started distributing roughly $4 billion in digital assets and US dollars…
Genesis Global gets court approval to distribute billions to creditors, DCG challenge gets rejected
Genesis Global, the digital assets lender that went bankrupt last year, received court approval to pay billions in…
Grayscale Battling Outflows And Lower-Cost ETFs, Q1 Revenue Stays Flat At $156M
Grayscale Investments, the issuer of one of the recently approved spot Bitcoin exchange-traded funds (ETFs) in the US,…
Crypto exchange Gemini planned public debute via Genesis merger, court documents show
Winklevoss’ crypto exchange Gemini was exploring an option to merge with crypto broker Genesis to compete with Coinbase…
Digital Currency Group records 59% rise in revenues despite legal troubles
Digital Currency Group (DCG), the parent company of Grayscale Investments, reported a 59% surge in revenue in the…
CoinDesk CEO fired in latest restructuring move
CoinDesk CEO Kevin Worth was fired as part of a large-scale restructuring. According to CoinDesk, Worth, who has…
New York extends lawsuit against DCG to $3b after Genesis settlement
New York Attorney General Letitia James has revised a lawsuit against DCG and its affiliate Gemini Trust Co.,…
Genesis’ bankruptcy plan faces pushback from parent company DCG over creditor payouts
Digital Currency Group (DCG), the parent company of the defunct crypto lender Genesis, has filed an objection against…
DCG settles Genesis Debt, Memeinator’s token presale takes centre stage
Digital Currency Group (DCG) settles Genesis debt. Besides settling Genesis’s debt, DCG has repaid a total of $1B…
DCG completes $1b payoff of short-term loans, Genesis gets $700m
DCG — a major player in supporting emerging financial systems — plans to forge ahead as it pledges…
