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Tag: Digital Currency Group (DCG)

Winklevoss Threaten to Sue DCG as Genesis Files for Bankruptcy

Cameron Winklevoss, the CEO of Gemini Earn which held $950 million in Genesis, threatened to sue the Digital Currency Group (DCG) after its subsidiary...

Is Genesis’s Prepackaged Bankruptcy The Ultimate Sacrifice?

What Happened: Embattled crypto lender Genesis is negotiating with creditors on the terms of its Chapter 11 bankruptcy filing, sources told The Block on...

Crypto Lender Genesis Is Preparing for Bankruptcy Filing

Crypto lender Genesis Global Capital is said to be preparing to file for Chapter 11 bankruptcy protection as soon as this week. According...

DCG Media House CoinDesk Explores Potential Sale As Crisis Deepens

Hours after news broke out that DCG’s crypto trading subsidiary Genesis is planning to file for bankruptcy, another media house CoinDesk has now...

DCG Suspends Quarterly Dividends Amidst Genesis Crisis: Report

Barry Silbert’s crypto conglomerate, Digital Currency Group (DCG), revealed halting quarterly dividends until further notice. In an email to shareholders, as viewed by Bloomberg,...

Genesis could file for bankruptcy this week: report

Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to...

Genesis Bankruptcy Filing Imminent as Creditor Negotiations Stall: Reports

Crypto lender Genesis, a wholly owned subsidiary of Digital Currency Group (DCG), is on the verge of filing bankruptcy after negotiations between the troubled...

Genesis, Gemini face US charges over unregistered securities sales

In this issueGemini: Falling starsSOL: Rising sune-CNY: Partnering for paymentsFrom the Editor’s DeskDear Reader,“Give me transparency or give me death” may not have quite...

Digital Currency Group Suspends Payouts To Maintain Liquidity

In an effort to maintain its existing level of liquidity, the venture capital company Digital Currency Group (DCG) has informed its shareholders that it...

Tron Founder Justin Sun Looking To Spend $1,000,000,000 on Digital Currency Group’s Assets: Report

Justin Sun is reportedly eyeing the assets of Digital Currency Group (DCG), the parent company of embattled crypto broker Genesis and many other firms...

This Week on Crypto Twitter: Gemini vs Genesis, Week 2: The SEC Steps In

We’ve now passed the second full week of 2023 and crypto fans’ patience and resilience have been rewarded with the first big price leaps...

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin...

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