Crypto Exchange Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Earlier this week, Genesis and its parent company, Digital Currency Group, said more than 230,000 retail creditors who used ...
Tag: Genesis
Genesis Has Ceased All Crypto Trading Services: Spokesperson
“Genesis has decided to stop offering digital asset spot and derivatives trading through GGC International, Ltd. (GGCI),” the statement ...
Beleaguered Gemini Earn Customers Will Be Made ‘Nearly Whole,’ DCG and Genesis Say About Remuneration Plan
“Depending on how the bankruptcy claim is calculated, the Earn customers are estimated to get between $440 million and ...
Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in ...
Genesis to Shutter Crypto Trading Desk for U.S. Market
GGT was one of a handful of Genesis-linked companies that escaped the conglomerate’s crypto lending-induced bankruptcy earlier this year. ...
Genesis’ $175M FTX Settlement Opposed by Creditors, Including Gemini
“, by entering into the Proposed Settlement, have sought to buy the support of the FTX Debtors, and their ...
Gemini Opposes Genesis Bankruptcy Plan: ‘Woefully Light on Specifics’
"Debtors have repeatedly promised that a plan that resolves claims against DCG is right around the corner, as they ...
Genesis Creditor Group Opposes ‘Wholly Insufficient’ DCG Deal
“DCG’s contribution to the estate in satisfaction of creditor claims is wholly insufficient to satisfy even the uncontested loan ...
DCG, Genesis Reaches Critical in Principle Deal With Creditors
To satisfy DCG's existing liabilities of approximately $630 million in unsecured loans due in May 2023 and $1.1 billion ...
Genesis, FTX Strike Deal for $175M Bankruptcy Claim
Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter. ...
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