- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Genesis global capital
NYAG Takes Victory Lap as Court Approves Genesis Settlement
NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state.
Gemini, Genesis, DCG Sued by New York Attorney General; Coinbase Picks EU Hub
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including a new prediction from Morgan Stanley Wealth Management about the end of crypto winter. Coinbase picks a new EU hub. New details on FTX using customer funds to buy back the firm’s stake held with Binance. And, New York Attorney General Letitia James filed a lawsuit against crypto firms Gemini, Genesis Global Capital, and Digital Currency Group. CoinDesk is owned by DCG.
Genesis Files for Over $600M in Unpaid DCG Loans: Court Docs
Genesis Global Capital filed a suit against Digital Currency Group (DCG) and Digital Currency Group International (DCGI), seeking the repayment of multiple loans with a principal amount of over $600 million. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the filings and what the suit means for the crypto lender's ongoing bankruptcy case.
Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
Genesis claims DCG owes it $500 million from one set of loans, alongside another 4,550 BTC owed from DCG International.
Genesis Lender Group Opposes ‘Wholly Insufficient’ DCG Deal
Creditors with $2.4 billion in claims against the bankrupt crypto lender could scupper an agreement made after months of wrangling.
Defunct Crypto Hedge Fund 3AC Insists on Taking Part in Genesis Mediation
The defunct crypto hedge fund has claimed over $1 billion against Genesis, which itself filed for bankruptcy in January.
Genesis Requests Timetable for Sale, Creditor Claims
The company wants to sell off its business after filing for bankruptcy on Jan. 19.
Bitcoin Holds $23K Ahead of Key FOMC Meeting
Bitcoin (BTC) is trading above $23,000 as traders await the upcoming Federal Open Market Committee decision on interest rates. Steve Hanke, professor of applied economics at Johns Hopkins University and former senior economist on President Reagan’s Council of Economic Advisers, discusses the macro headwinds and recession concerns. Plus, his reaction to SEC's lawsuit against crypto exchange Gemini and crypto lender Genesis Global Capital for allegedly selling unregistered securities. Genesis and CoinDesk are sister companies owned by Digital Currency Group (DCG).
First Hearing in Genesis Bankruptcy Case
Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection after being pummeled by two of 2022's biggest industry collapses. Former SEC Enforcement Branch Chief and Bragança Law Managing Partner Lisa Bragança discusses what to expect from its first bankruptcy hearing and whether Genesis' trading business is free of liability as the company's trading arm continues to move money around on blockchains, according to Nansen. Genesis and CoinDesk are both owned by Digital Currency Group (DCG).
What's Next for Genesis Creditors? It Depends on What's in the Bankruptcy Filing
It may “take a long time” to figure out Genesis' assets and liabilities, Eric Snyder, partner at Wilk Auslander, told CoinDesk TV.
