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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 ...
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 ...
Crypto lender Genesis filed for bankruptcy protection on Friday as the fallout continues from last year's collapse in crypto prices and resulting failure of several firms in the industry.
The deal resolves January 2023 charges the SEC filed against Genesis and Gemini Trust Company LLC over their joint crypto lending program. It was one of a spate of enforcement actions the SEC has ...
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.
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.
Bankrupt crypto lender Genesis said in court on Monday it will seek mediation if a deal with creditors and its largest borrower isn't reached this week.
Crypto lender Genesis Global said on Tuesday a New York civil fraud lawsuit could lead to a bankruptcy liquidation that does not resolve its claims against parent company Digital Currency Group (DCG).