Digital Currency Group (DCG), the parent company of Genesis, has raised concerns about Genesis Capital’s bankruptcy plan, arguing that it violates the U.S. Bankruptcy Code. In...
Digital Currency Group (DCG) has officially fulfilled its financial obligations by settling approximately $700 million in short-term loans with Genesis, a crypto lending platform. DCG confirmed...
Bankrupt Genesis Capital has filed a proposed order to initiate an existing loan agreement with FTX. According to the order, FTX will receive a $175 million...
After an extensively debated legal issue between Genesis and its creditors, Digital Currency Group (DCG), owners of Genesis, has attained a preliminary agreement with Genesis creditors...
Bankrupt crypto lender Genesis Global Holdco LLC has extended its mediation deadline with creditors for the eighth time, now set for August 16, as reported by...
Genesis Global Holdco LLC and FTX have reached an in-principle agreement to settle a dispute relating to their respective Chapter 11 bankruptcy cases, which is a...
In a high-stakes legal battle, cryptocurrency lending giant Genesis finds itself entangled in a $2 billion dispute with digital asset exchange FTX. This fierce legal showdown...
Crypto lending has been a part of the industry for a while. There are both decentralized and centralized lending services available for users. While the lending...
Co-founders of the non-fungible token (NFT) auction platform Nifty Gateway have announced their resignation effective immediately. The announcement was made on Wednesday, January 25th In the...
The Genesis crypto lending arm in November, 2022 halted withdrawals and now files for Chapter 11 bankruptcy with the United States Bankruptcy Court.
Digital Currency Group (DCG), a crypto venture and owner of Coindesk as well as Genesis, has been targeted with allegations related to how its businesses, especially...
The U.S. Security and Exchange Commission allegedly filed complaints charging Genesis Global Capital, LLC and Gemini Trust Company, LLC for selling unregistered offers and securities to...
Barry Silbert, DCG CEO, in a letter to the company’s shareholders, affirmed that DCG borrowed $500M from January and May 2022 from the lending arm of...
DCG CEO, Barry Silbert, in an Open Letter from Cameron Winklevoss published on Twitter was called out for silence since the exchange halted withdrawals. According to...
The ripple effect of FTX’s collapse is yet to simmer. Crypto investment bank Genesis appears to be the latest victim. Reports have emerged that Genesis’s lending...
There has been a massive exit of crypto execs in recent times. Bloomberg’s Michael P. Regan calls it the “Great Resignation” where c-suite officials of crypto...
