Genesis
March 14, 2024
Published by Victoria Kyle at March 14, 2024
A federal judge has ruled that the United States Securities and Exchange Commission’s (SEC) allegations against crypto firms Gemini and Genesis regarding the sale of unregistered […]
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February 15, 2024
Published by Victoria Kyle at February 15, 2024
A bankruptcy judge has approved Genesis Global Holdco’s request to liquidate approximately $1.3 billion worth of Grayscale Bitcoin Trust (GBTC) shares as part of its efforts […]
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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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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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December 08, 2022
Published by Victoria Kyle at December 08, 2022
Genesis said it will take several more weeks to figure out a recovery plan for its lending business. Crypto-lending platform Genesis has told customers that […]
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