Genesis Reaches Historic $2 Billion Settlement with New York Attorney General
TL;DR Genesis reaches a $2 billion settlement with the New York Attorney General to repay defrauded investors. The settlement includes the creation of a Genesis...
Tag : genesis
Genesis Global Capital Settles with SEC for $21 Million
TL;DR Genesis Global Capital LLC has agreed to a $21 million settlement with the SEC over charges related to its involvement in the Gemini Earn crypto...
Genesis Receives Green Light To Liquidate $1.3 Billion in GBTC Shares
TL;DR The judicial authorization for the liquidation of $1.3 billion worth of Grayscale Bitcoin Trust (GBTC) shares marks a crucial milestone in the restructuring process...
Genesis to Resolve Creditor Disputes This Week
Genesis Global Capital’s lawyer has stated that the cryptocurrency lender is confident it will be able to resolve its disputes with creditors this week and...
Crypto Lender Genesis Prepares to File For Bankruptcy
According to people with knowledge of the situation, cryptocurrency lender Genesis is getting ready to file for bankruptcy as soon as this week....
Gemini and Genesis Charged for Selling Unregistered Securities
On January 12th, the SEC filed charges against Genesis and Gemini, two cryptocurrency exchanges, alleging that they sold unregistered securities in conjunction with a high-yield...
Gemini Officially Closes Down Earn Program
The Winklevoss twins’ Gemini crypto exchange has formally discontinued its interest-bearing program, Earn, according to an email sent out to customers on January 10. The...
Genesis’ CEO Asks for More Time to Address Lending Issues
The interim CEO of cryptocurrency exchange Genesis Global Trading, Derar Islim, said that extra time is needed for the company to address the impending financial...
Genesis Owes Gemini Exchange’s Users $900 Million
The Financial Times reported that crypto broker Genesis and its parent company, Digital Currency Group (DCG), owe $900 million to customers of the Winklevoss twins’...
Luno Partners With Genesis For Crypto Interest To Users
Genesis is a main name in advanced money financier administrations, and Luno is one of the biggest digital currency trades in Africa. This organization will...