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Tag: genesis

Crypto Titan Digital Currency Group Opposes Genesis’ Restructuring Plan for Favoring Select Creditors

February 7, 2024 wp-bot Bitcoin News

In a legal document filed on Feb. 6, 2024, the crypto juggernaut, Digital Currency Group (DCG), voiced opposition to Genesis’ revised bankruptcy strategy for multiple

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Genesis Seeks Court Approval to Offload $1.4 Billion in GBTC Assets Post-SEC Settlement

February 4, 2024 wp-bot Bitcoin News

After reaching an agreement with the U.S. Securities and Exchange Commission (SEC), the bankrupt company Genesis Global Capital has submitted a petition to the bankruptcy

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Genesis Settles SEC Lawsuit for $21 Million Over Unregistered Securities

February 2, 2024 wp-bot Bitcoin News

Facing charges from the SEC over its crypto lending practices, Genesis has agreed to a $21 million settlement. This move aims to close a chapter

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Genesis Global Trading Settles With New York for $8M Over Regulatory Non-Compliance, Forfeits Bitlicense 

January 12, 2024 wp-bot Bitcoin News

According to the New York State Department of Financial Services (DFS), Genesis Global Trading has agreed to a settlement fine of $8 million and will

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Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit

November 29, 2023 wp-bot Cointelegraph

Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next

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Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil

November 22, 2023 wp-bot Bitcoin News

In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian

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