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Tag: Genesis Global Trading

Genesis proposes US$1.6 bln asset sale amid bankruptcy

Genesis Global Trading, the cryptocurrency lending unit of the Digital Currency Group, has filed a motion requesting the authorization of the sale of its...

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Why Did Most Crypto Interest Accounts Fail in 2022?

A Timeline of How and Why Most Crypto Interest Failed in 2022 Final Thoughts: Why Did Crypto Interest Accounts Fail? ...

Gemini Face Scrutiny over $280M Crypto Withdrawal

Cameron and Tyler Winklevoss, the Co-Founders of Gemini, are under scrutiny over alleged secret withdrawal of $282 million from the now-bankrupt crypto lender, Genesis. This withdrawal...

Genesis Global Calls It Quits on Trading Amid Crypto Winter

Genesis Global has officially announced the cessation of its trading operations. This comes after the crypto lender, an affiliate of Digital Currency Group (DCG),...

Genesis Winds Down All Crypto Trading Services: Report

Genesis will cease operating all of its remaining crypto services by the end of the month. Photo by Verne...

Genesis Launches Lawsuit Against DCG to Recover $620M

Genesis Global Holdco LLC, the crypto lender in financial distress that filed for bankruptcy earlier this year, has launched a lawsuit against its parent...

Genesis Global Trading is Exiting the US Crypto Spot Market

Investors and crypto enthusiasts on the X platform (formerly Twitter) have been abuzz with questions and speculation after Genesis Global Trading announced it will...

Genesis Hits Parent Company DCG With $600 Million Lawsuits – Decrypt

Collapsed crypto company Genesis Global on Wednesday filed two lawsuits against Digital Currency Group (DCG) and Digital Currency Group International (DCGI) demanding the repayment...

GGT Shuts Down US Crypto Trading Desk

Genesis Global Trading, a subsidiary of Genesis Global, is set to close its US-focused spot crypto trading operations by the end of this month. This decision,...

Genesis Winds Down its US Spot Crypto Trading Operation

Genesis joins a number of other market makers scaling back crypto spot trading in the US. Posted September 5, 2023 at 4:17...

Fintech Layoffs Rock Asia in 2023: Who’s Next? – Fintech Singapore

The fintech industry in Asia has been experiencing a wave of layoffs in 2023 as several companies grapple with economic uncertainties, market downturns, and...

Gemini’s Winklevoss Demands $1.46B Settlement from DCG In EARN Product Tussle

Advertisement &nbsp &nbsp Gemini has escalated its conflict with Digital Currency Group (DCG) after approximately seven months since Genesis Global Trading, DCG’s lending arm,...

Winklevoss slams DCG’s Silbert — Not even SBF was ‘capable of such delusion’

Crypto exchange Gemini founder and CEO Cameron Winklevoss is again threatening to sue Digital Currency Group and its CEO Barry Silbert over delays in...

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