Bitfinsider

In the Bankruptcy Court, Genesis, Gemini, and DCG Come to an Agreement

In order to recover assets, Genesis, its parent company Digital Currency Group, Gemini, and other creditors have come to a bankruptcy deal. Attorney for the...

Cryptocurrency February 7, 2023

Genesis ‘Sloppy’ Bankruptcy Filing is Criticized by Cumberland and Mirana Ventures

Genesis Global's bankruptcy filing was criticized for being inaccurate by the cryptocurrency trading firm Cumberland and the investment firm Mirana Ventures, who called it...

Cryptocurrency January 22, 2023

DCG, a Crypto Conglomerate, is Being Probed by American Authorities

U.S. officials are actively looking into Digital Currency Group, often known as DCG. Prosecutors are investigating the internal transactions between the multibillion-dollar crypto corporation...

Cryptocurrency January 8, 2023

Before Sector Implosion, Alameda Made a Significant Bet on Crypto Miner Genesis

The largest venture investment made by Alameda Research, FTX's sister firm and the company at the center of the exchange's insolvency, was in the...

Cryptocurrency December 4, 2022

The CEO of Binance Talks About How the Bankruptcy of Genesis Might Affect the Cryptocurrency Markets

Changpeng Zhao has emphasized how the collapse of Genesis might affect the cryptocurrency market. The CEO of Binance asserted that even if Genesis failed, the...

Cryptocurrency November 25, 2022

Without Funding, Crypto Brokerage Genesis Alleged to Face Bankruptcy Issues

According to those with knowledge of the situation, digital asset brokerage Genesis is struggling to raise additional funds for its loan division and is warning...

Cryptocurrency November 22, 2022

Genesis, a Cryptocurrency Lender, Seeks a $1 Billion Emergency Loan

Before suspending withdrawals on its website, cryptocurrency lender Genesis was requesting a $1 billion emergency loan from investors and cited a private fundraising document...

Cryptocurrency November 18, 2022

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