Houlihan Lokey – DIGIT INFO

Grayscale ETH trust nears record 60% discount as nerves continue over DCG

DIGIT — Wed, 04 Jan 2023 05:00:15 +0000

Grayscale’s Ethereum, Litecoin and Bitcoin Cash Trusts are at steep discounts as concerns whirl around Digital Currency Group’s liquidity.

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Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

DIGIT — Tue, 03 Jan 2023 15:30:10 +0000

Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675 billion to Genesis. Silbert, however, responded on social […]

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Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues

DIGIT — Sun, 18 Dec 2022 19:00:08 +0000

Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting to recover the funds by creating a creditors committee. 31 days after Gemini paused the Earn program’s withdrawals, Cameron Winklevoss tweeted that it has […]

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