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  2. Genesis reaches $21 million SEC settlement in bankruptcy wind ...

    www.aol.com/news/genesis-reaches-21-million-sec...

    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 ...

  3. Genesis (cryptocurrency company) - Wikipedia

    en.wikipedia.org/wiki/Genesis_(cryptocurrency...

    On January 12, 2023, the Securities and Exchange Commission charged Genesis Global Capital, LLC with the unregistered offer and sale of securities to retail investors through Gemini Trust Company’s Gemini Earn crypto asset lending program. The SEC is seeking permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment ...

  4. Bankrupt crypto lender Genesis to pay $21 million to settle ...

    www.aol.com/news/bankrupt-crypto-lender-genesis...

    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.

  5. Bankruptcy judge approves Genesis Global plan to refund $3 ...

    www.aol.com/news/bankruptcy-judge-approves...

    A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to its creditors and investors, including thousands of people who New York ...

  6. Crypto lender Genesis to return $3 billion to customers in ...

    www.aol.com/news/crypto-lender-genesis-return-3...

    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 ...

  7. Genesis gets court approval to sell $1.6 billion in crypto ...

    www.aol.com/news/genesis-gets-court-approval...

    Bankrupt crypto lender Genesis Global on Wednesday received permission from a U.S. court to sell about $1.6 billion in Grayscale cryptocurrency trust shares as part of its effort to repay creditors.

  8. Exclusive: Genesis reaches settlement with New York ... - AOL

    www.aol.com/finance/exclusive-genesis-reaches...

    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.

  9. Digital Currency Group - Wikipedia

    en.wikipedia.org/wiki/Digital_Currency_Group

    Launched in 2013 by DCG, Genesis is a cryptocurrency trading, lending, and asset custody platform, targeting institutional clients and high net worth individuals. They claim to have been the first Bitcoin cryptocurrency desk. [29] Genesis acquired the London-based cryptocurrency custodial company Volt in early 2020.

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