Bankrupt Genesis Global Launches $4,000,000,000 Crypto and Cash Payout to Creditors
A subsidiary of Barry Silbert’s Digital Currency Group (DCG) that collapsed during the last crypto winter has started repaying its ...
Tag: Genesis
Ethereum – Genesis makes $127M move, but where does that leave traders?
ETH has seen large transfers over the last 24 hours Its Open Interest remained in the $14 billion range Recently, ...
New York Attorney General Reaches $2 Billion Settlement with Genesis Global
On Monday, New York Attorney General Letitia James announced that her office has secured a $2 billion settlement with the ...
Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever
The New York State Attorney General (AG) has brokered a $2 billion settlement with Genesis Global to help those defrauded ...
Bankrupt Genesis Global Receives Court Approval for $3,000,000,000 Payout to Customers
A US bankruptcy court has just greenlighted the liquidation plan of crypto lender Genesis Global to return about $3 billion ...
New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint
In a newly amended complaint, New York State Attorney General (AG) Letitia James alleges that investment giant Digital Currency Group ...
DCG Slams Genesis’ Bankruptcy Plan as ‘Act of Bad Faith’
Digital Currency Group (DCG) has filed a motion objecting to the bankruptcy plan proposed by Genesis Global Capital, its subsidiary, ...
Crypto Lender Genesis Agrees to $21 Million Civil Penalty To Settle Gemini Earn SEC Lawsuit: Report
Bankrupt crypto lender Genesis is reportedly agreeing to pay a $21 million civil fine to settle with the U.S. Securities ...
Genesis Global Trading Ordered To Pay $8,000,000 Fine by New York Financial Regulator Over Compliance Violations
A New York financial regulator is ordering crypto firm Genesis Global Trading to pay an $8 million fine after it ...
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 ...