DCG Can’t Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses.
Genesis
Genesis Sues Gemini to Recover ‘Preferential Transfers’ Worth $689M
Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million.
Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says
The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal.
Sam Bankman-Fried Rebuffed Barry Silbert’s and Celsius’ Requests for Help, Ex-FTX CEO Testifies at His Trial
Digital Currency Group CEO Barry Silbert asked Sam Bankman-Fried for help, SBF testified Friday (DCG)
Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC
Cryptocurrency exchange Gemini has sued lending firm Genesis Global over 60 million GBTC shares that were pledged as collateral for Gemini’s Earn users.
DCG, Genesis Were the ‘Adults in the Room’ but Didn’t Behave Like It
DCG CEO Barry Silbert has a credible claim his subsidiary lending firm was lied to by Sam Bankman-Fried, as New York’s attorney general accuses Genesis of lying to the public. (Kevin Moloney/Fortune Brainstorm TECH/Flickr, modified by CoinDesk)
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia)
Genesis Has Ceased All Crypto Trading Services: Spokesperson
A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)
Genesis to Shutter Crypto Trading Desk for U.S. Market
Genesis Global Trading will halt its crypto OTC desk later this month.
Creditors Accuse Genesis of Ballot-Stuffing Over $175M FTX Deal
Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.”