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3232Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets
https://www.digit.info/report-genesis-owes-gemini-customers-900-million-exchange-is-attempting-to-recoup-assets/
Sat, 03 Dec 2022 16:30:20 +0000https://www.digit.info/2022/12/03/report-genesis-owes-gemini-customers-900-million-exchange-is-attempting-to-recoup-assets/Read more]]>According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Report Claims Genesis Owes the Winklevoss-Operated Exchange Gemini $900 Million FT reports that the centralized […]
]]>Report: State Securities Regulators Probe Crypto Lender Genesis
https://www.digit.info/report-state-securities-regulators-probe-crypto-lender-genesis/
Sat, 26 Nov 2022 19:00:46 +0000https://www.digit.info/2022/11/26/report-state-securities-regulators-probe-crypto-lender-genesis/Read more]]>State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have violated securities laws without filing the proper registrations. Report Says Financial Regulators Are Investigating […]
]]>Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors
https://www.digit.info/crypto-lender-vauld-suspends-withdrawals-company-is-discussing-restructuring-options-with-advisors/
Mon, 04 Jul 2022 14:30:59 +0000https://www.digit.info/2022/07/04/crypto-lender-vauld-suspends-withdrawals-company-is-discussing-restructuring-options-with-advisors/Read more]]>On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm is “facing challenges.” While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentioned “financial difficulties” stemming from “key business partners.” Vauld Suspends Withdrawals Over ‘Financial Difficulties’ During the last 30 days, a […]