NY Bankruptcy Judge Permits Genesis To Liquidate $1.3B Worth of GBTC Stock To Compensate Investors
A New York bankruptcy judge has granted Genesis Global Holdco permission to liquidate roughly $1.3 billion worth of Grayscale Bitcoin.
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Genesis Agrees To Settle SEC Lawsuit For $21 Million
Genesis Global and its affiliated entities have settled the lawsuit with the Securities and Exchange Commission (SEC), agreeing to a.
- by Sofiya
- February 3, 2024
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DCG Announces Successful Repayment of Genesis’ Loans, Clears $1B Debt
The Digital Currency Group (DCG) has announced completing a payoff of all short-term loans from its bankrupt subsidiary Genesis, according.
- by Sofiya
- January 8, 2024
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Court Prevents DCG From Altering Genesis Ownership
In a recent legal development, a judge has ruled that Digital Currency Group (DCG) is prohibited from making ownership.
- by Sofiya
- December 21, 2023
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Genesis, Digital Currency Group Strike Repayment Deal To End $620M Lawsuit
Bankrupt crypto lender Genesis and its parent company, Digital Currency Group (DCG), has struck a deal that could end an.
- by Sofiya
- November 29, 2023
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Zipmex Exchange Halts Operation In Thailand Over SEC Compliance Issue
Zipmex has halted its trading operation in Thailand, according to a message the exchange posted on its Facebook page. The.
- by Sofiya
- November 26, 2023
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Genesis Sues Gemini, Seeking About $690 Million In ‘Preferential Transfers’
Genesis Global Capital, a crypto brokerage firm owned by Digital Currency Group (DCG), is seeking $689 million from Gemini, saying.
- by Sofiya
- November 22, 2023
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Tokenet, A New Crypto Lending Service, Launched In Partnership With Anchorage Digital
Digital Prime Technologies launched Tokenet, a crypto lending service for institutions. Anchorage Digital will provide “segregated, on-chain vaults” for the.
- by Sofiya
- November 8, 2023
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Genesis has five days to respond to Terraform Labs’ subpoena, according to a federal judge.
The specifics regarding the documents subject to the subpoena were unclear, but it was noted that Genesis had failed to.
- by Sofiya
- October 19, 2023
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Genesis Halts Crypto Derivatives Amidst Broader Strategic Changes and Legal Disputes
Genesis, a leading digital asset financial firm, has decided to cease crypto derivatives trading via its subsidiary, GGC International (GGCI)..
- by Kelvin Munene
- September 15, 2023
