US-based Genesis Global Trading will eliminate its crypto spot trading service
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013....
Search by tag: genesis
Genesis lenders call DCG agreement ‘wholly insufficient’
The agreement in-principle reached by DCG and creditors also said that the Ad Hoc Group and Gemini did not support the d...
DCG agrees deal with Genesis that would see recoveries of up to 90%
The estimated U.S. dollar equivalent recoveries could amount to 70–90% for Genesis creditors, should the amended plan be...
FTX seeks $175M settlement with Genesis entities to resolve dispute
However, FTX creditors express discontent and urge the Official Committee of Unsecured Creditors of FTX (UCC) to contest...
New York AG probes transactions at Genesis, ties with Barry Silbert: Report
Digital Currency Group (DCG) is reportedly under investigation in New York for financial transactions involving its subs...
Genesis Digital Assets opens three new facilities in South Carolina in US expansion
The company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas.
Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program
Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent”...
FTX debtors object Genesis' 'critical' claim estimate of '$0.00'
The FTX debtors alleged that the claim was filed "without any advance notice," and they were not invited to participate...
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to...
Gemini ‘supportive’ of Genesis mediation, but frustrated over pacing
Genesis is starting a 30-day meditation with its key creditors as its bankruptcy proceedings are close to hitting the fo...
