Genesis
- Global News
Gemini Slams DCG and Genesis Bankruptcy Plan as Deceptive and Inadequate
Cryptocurrency exchange Gemini has voiced strong objections to a bankruptcy recovery plan associated with its lending program partner, Genesis. In…
Read More » - Companies
Genesis Halts Crypto Trading Services Amid Credit Agreement with DCG
Genesis has made a significant announcement regarding the cessation of its crypto trading services, encompassing both digital asset spot and…
Read More » - Policies & Regulations
NY Attorney General Probes Digital Currency Group’s Dealings with Genesis Global Capital
Bloomberg’s report on Aug. 4 reveals that the New York Attorney General is currently investigating Digital Currency Group (DCG), a…
Read More » - Crypto Exchanges
Crypto Exchange FTX and Genesis Agree on Preliminary Settlement in Bankruptcy Case
FTX, a crypto exchange facing bankruptcy, and Genesis, a crypto lending company also undergoing bankruptcy, have come to a tentative…
Read More » - Crypto Exchanges
FTX Pursues $4B in Funds from Bankrupt Lender Genesis in Legal Dispute
Cryptocurrency exchange FTX is attempting to retrieve approximately $4 billion from Genesis, a bankrupt crypto lender, and a solvent British…
Read More » - Crypto Exchanges
Kraken Under SEC Scrutiny for Potential Securities Violations
Reports indicate that the SEC is investigating San Francisco-based cryptocurrency exchange Kraken for potential securities law violations. According to Bloomberg,…
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Proposed Restructuring Plan to Ensure 80 Percent Recovery for Genesis Creditors
A creditor of Genesis has announced that the proposed restructuring plan between Genesis, Digital Currency Group, and creditors would result…
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Crypto Lender Genesis Files for Bankruptcy
Genesis, a lender for digital currencies, has filed for bankruptcy protection under Chapter 11 in the Southern District of New…
Read More » - Global News
Bybit is on a Layoff Spree, Gemini Fights to Recover $900M from Genesis, and Genesis Loans Fly
Just when you think the FTX crash domino effect is over, more drama hits hard. With Bybit laying off 30%…
Read More » - Companies
Genesis Reaches out to Binance for Help, Giant Exchange Refuses
After announcing via Twitter that it has made the difficult decision to temporarily suspend redemptions and new loan originations, Genesis,…
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