Browsing Tag
genesis
60 posts
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…
Bankrupt Genesis seeks to sell over $1b worth of Bitcoin trust shares
Genesis Global Capital, a subsidiary of the embattled Genesis Global Holdco, has petitioned the U.S. Bankruptcy Court for…
Genesis agrees $21m SEC settlement in Gemini Earn lawsuit
The SEC’s civil lawsuit against Barry Silbert-backed Genesis has ended in a mutual settlement amid bankruptcy proceedings for…
Genesis to surrender BitLicense, pay $8m fine in NYDFS lawsuit
Genesis Global Trading has settled with New York’s Department of Financial Services after the regulator filed a $1…
Unidentified wallet sends $1.19m in Bitcoin to Satoshi Nakamoto’s Genesis address
An unidentified individual deposited 26.9 BTC into the Genesis wallet — the first wallet ever created by the…
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…
Most notable crypto bankruptcies in 2023
Explore the list of crypto bankruptcies in 2023, including detailed insights into the collapse of major exchanges. It’s…
Court prevents DCG from altering Genesis ownership
In a recent legal development, a judge has ruled that Digital Currency Group is prohibited from making ownership…
VersiFi hires ex-Genesis exec and secures $10m to revamp crypto lending
VersiFi appoints former Genesis executive Martin Garcia as co-CEO and secures $10 million in funding to drive crypto…