DCG
March 07, 2024
Published by Victoria Kyle at March 07, 2024
In October 2023, the New York Attorney General’s Office (NYAG) filed a $3 billion lawsuit against crypto firms Gemini, Genesis, and DCG, accusing them of defrauding […]
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February 03, 2024
Published by Victoria Kyle at February 03, 2024
FTX, the cryptocurrency exchange that declared bankruptcy in November 2022, has taken a significant step in its ongoing bankruptcy proceedings by filing a motion in a […]
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January 05, 2024
Published by Victoria Kyle at January 05, 2024
The CEO of Digital Currency Group, Barry Silbert, stated that the company has now satisfied all its obligations that are currently due. The venture capital […]
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November 29, 2023
Published by Victoria Kyle at November 29, 2023
Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April 2024. […]
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August 29, 2023
Published by Victoria Kyle at August 29, 2023
The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out. Digital Currency Group (DCG), a […]
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July 04, 2023
Published by Victoria Kyle at July 04, 2023
In an open letter, Cameron Winklevoss slammed DCG’s Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers. […]
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February 07, 2023
Published by Victoria Kyle at February 07, 2023
Digital Currency Group (DCG) plans to hand its equity stake in Genesis’ trading arm to Genesis Global, which will then be sold, pending court approval. […]
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January 19, 2023
Published by Victoria Kyle at January 19, 2023
DCG has reportedly received offers for CoinDesk exceeding $200 million in recent weeks, which at a purchase price of $500,000 would be a 39,900% return on […]
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January 18, 2023
Published by Victoria Kyle at January 18, 2023
Digital Currency Group, a venture capital firm that owns a stake in more than 200 crypto projects, announced the dividend halt while one of its subsidiaries […]
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