DCG Sells Grayscale Shares at a Steep Discount, Will Genesis Rise From Bankruptcy?
As reported by Financial Times, DCG is trying to pay back Genesis creditors by selling Grayscale stocks. DCG has mainly been […]
Tag: DCG
Concord Between Gemini, DCG, and Genesis Inaugurates New Era for Bankruptcy Recovery
Crypto exchange Gemini will contribute up to $100 million in cash for its customers, as part of an agreement with DCG […]
Here’s Why Genesis Owner DCG, is Suspending Dividend Payouts
Digital Currency Group (DCG) has discontinued dividend payments, according to the letter sent by the company to its shareholders on Jan. […]
Just In: Genesis and Gemini charged by SEC Over Lending Product
On Thursday, the US regulator, SEC sued both Genesis Global Capital and Gemini Trust Exchange. The SEC alleges that the Gemini […]
Winklevoss twins’ Gemini Escalates Dispute with DCG: ‘Barry Silbert is Unfit as CEO’
In an open letter, Gemini co-founder has called on DCG shareholders to remove Barry Silbert as CEO for allegedly defrauding Gemini’s […]
DCG Shuts Down HQ, While Genesis Cuts 30% of Employees: Report
The crypto brokerage firm Genesis is cutting 30% of its staff, this is exactly two months after it halted withdrawals. Genesis […]
Asset Management Firm Sponsors Grayscale’s GBTC as Discount Widens
Valkyrie, a crypto asset management firm presented its proposal to become the new sponsor of the Grayscale Bitcoin Trust (GBTC). Valkyrie […]
Genesis’ Deep Dive to Crypto Contagion Lands DCG $350M Loan to Todd Boehly
New York-based crypto lender Genesis is in the midst of figuring out ways to avoid filing for bankruptcy. If Genesis were […]
