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Genesis Global Trading, Inc. was founded in 2013. [4] It is a subsidiary of the Digital Currency Group, a venture capital company founded by Barry Silbert. [3]Genesis' business consists of entities that provide trading, lending, and custody digital assets, targeting institutional clients and high-net-worth individuals.
Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital ...
Founded in 2015, Digital Currency Group helped lead crypto's growth in the U.S., fueling bull markets with its lending practice Genesis Global Capital and its asset manager, Grayscale.
Genesis, which filed for bankruptcy in January 2023, is part of Digital Currency Group (DCG). It was one of a spate of enforcement actions the SEC has taken against large firms in the crypto sector.
Digital Currency Group was launched in 2015 by Barry Silbert, the former CEO of SecondMarket, Inc. He began investing in blockchain technology companies in 2013. [3] Shortly after SecondMarket's sale, Silbert formed Digital Currency Group, with Genesis and Grayscale becoming the first of the company's subsidiaries.
Trust No One: The Hunt for the Crypto King is a Netflix original documentary film directed by Luke Sewell. [1] Its story follows a group of cryptocurrency investors who lost money in the collapse of the QuadrigaCX exchange.
Crypto lender Genesis Global has settled a U.S. Securities and Exchange Commission lawsuit over its defunct Gemini Earn lending program, agreeing to a $21 million fine that will be paid only if ...
The Poly Network exploit was an attack conducted by anonymous hackers on August 10, 2021. The attack transferred over $610 million in digital cryptocurrency to the hackers. . All assets were returned to Poly Network over the following 15 da