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3232Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’
https://www.digit.info/crypto-lender-genesis-requests-us-bankruptcy-court-to-approve-settlement-principle/
Wed, 20 Mar 2024 20:30:04 +0000https://www.digit.info/2024/03/20/crypto-lender-genesis-requests-us-bankruptcy-court-to-approve-settlement-principle/Read more]]>The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all of their digital assets back in kind. The bankruptcy court is scheduled to consider Genesis’ request to approve […]
]]>SEC Charges Genesis and Gemini — Winklevoss Says Regulator’s Lawsuit Is ‘Super Lame’
https://www.digit.info/sec-charges-genesis-and-gemini-winklevoss-says-regulators-lawsuit-is-super-lame/
Fri, 13 Jan 2023 19:30:27 +0000https://www.digit.info/2023/01/13/sec-charges-genesis-and-gemini-winklevoss-says-regulators-lawsuit-is-super-lame/Read more]]>The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered offering, Genesis and Gemini raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors,” the SEC alleged. SEC Takes Action Against Gemini and […]
]]>Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
https://www.digit.info/report-genesis-global-tradings-lending-unit-suspends-withdrawals-and-new-loan-originations/
Wed, 16 Nov 2022 15:30:09 +0000https://www.digit.info/2022/11/16/report-genesis-global-tradings-lending-unit-suspends-withdrawals-and-new-loan-originations/Read more]]>Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody units were still operational. DCG-Owned Genesis Halts Lending Unit’s Redemptions and New Loans On Nov. 16, 2022, Coindesk reporter Nelson […]
The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all of their digital assets back in kind. The bankruptcy court is scheduled to consider Genesis’ request to approve […]
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The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered offering, Genesis and Gemini raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors,” the SEC alleged. SEC Takes Action Against Gemini and […]
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody units were still operational. DCG-Owned Genesis Halts Lending Unit’s Redemptions and New Loans On Nov. 16, 2022, Coindesk reporter Nelson […]