DCG

Robert Leshner, founder of decentralized finance lending platform Compound Labs, compares DCG to a baseball player trying to play with one hand tied behind their back, after Genesis Global Holdco LLC filed for Chapter 11 bankruptcy. DCG is the parent company of Genesis and CoinDesk.

Jan 23, 2023

Compound Labs founder Robert Leshner discusses the potential options for Genesis' creditors, like himself, after the crypto lender filed for Chapter 11 bankruptcy and owes over $3.5 billion to its top 50 creditors. DCG is the parent company of Genesis and CoinDesk.

Jan 23, 2023

Crypto lender Genesis Global Capital's first hearing in its Chapter 11 bankruptcy case will take place Monday afternoon, according to court filings. Genesis has over 100,000 creditors among the three companies that declared bankruptcy. Robert Leshner, Founder of decentralized finance lending platform Compound Labs and a Genesis creditor, discusses his take on Genesis' bankruptcy developments and the state of the NFT market. DCG is the parent company of Genesis and CoinDesk.

Jan 23, 2023

Finance

Genesis filed for bankruptcy late Thursday.

By Danny NelsonJan 20, 2023

CoinDesk Managing Editor of Tech Brad Keoun joins "All About Bitcoin" to discuss bitcoin's reaction to Genesis’ crypto lending businesses filing for bankruptcy protection and the widening GBTC discount. DCG is the parent company of Genesis, Grayscale, and CoinDesk.

Jan 20, 2023

The price of bitcoin is remaining calm, after Genesis’ crypto lending businesses file for bankruptcy protection. In a statement on Friday, DCG said that neither it nor any of its employees, including those on Genesis’ board of directors, were involved in the decision to file for bankruptcy, and that DCG would continue to operate “business as usual." DCG is the parent company of CoinDesk and Genesis.

Jan 20, 2023

Policy

It may “take a long time” to figure out Genesis' assets and liabilities, Eric Snyder, partner at Wilk Auslander, told CoinDesk TV.

By Fran VelasquezJan 20, 2023

Crypto lending firm Genesis held $5.1 billion in liabilities in the weeks following its freeze on withdrawals last November, according to court documents signed by interim CEO Derar Islim. This comes as three of the institutional crypto brokerage's entities filed for Chapter 11 protection late Thursday. "The Hash" panel discusses the latest in Genesis' bankruptcy. DCG is the parent company of CoinDesk and Genesis.

Jan 20, 2023

Genesis Global Holdco LLC, the holding company of cryptocurrency lender Genesis Global Capital, files for Chapter 11 bankruptcy protection. Wilk Auslander LLP Partner Eric Snyder discusses the next steps for the troubled lender and how the dispute between Gemini, one of the creditors, and Digital Currency Group (DCG) could potentially be resolved. DCG is the parent company of Genesis and CoinDesk.

Jan 20, 2023

Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection in New York after being pummeled by two of 2022's biggest industry collapses. CoinDesk News Desk Managing Editor Danny Nelson discusses what we know so far. DCG is the parent company of CoinDesk and Genesis.

Jan 20, 2023