SEC Ramps Up its Enforcement Actions and Launches Probe Into Kraken
The SEC is investigating Kraken, a San Francisco-based cryptocurrency exchange for violating its securities laws. Kraken is a crypto exchange that […]
Tag: Genesis
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 […]
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 […]
Defunct Crypto Lender BlockFi Granted Approval to Sell Assets.
Bankrupt crypto lending platform BlockFi received court approval to put its Bitcoin mining business up for auction. This comes a week […]
Just In: Genesis Global Trading Files for Bankruptcy
After being under heavy pressure for several weeks, Genesis Global Trading finally files for chapter 11 bankruptcy. As reported by CNM, […]
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 […]
Abu Dhabi Blockchain Platform, Venom Foundation Launches $1B Fund in Partnership with Iceberg Capital
Abu Dhabi-based Venom Foundation and Iceberg Capital partnered up to invest $1 billion into Web3. The Venom Foundation is the developer […]
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 […]
