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Tag: lending program

New York state announces another upgrade to its virtual currency monitoring capacity

The New York State Department of Financial Services (NYDFS) has announced enhancements to its ability to detect illegal activities with virtual currency among the...

Kraken move should put crypto industry ‘on notice,’ says Gary Gensler

Gary Gensler says the agency’s action against crypto exchange Kraken yesterday should put people “on notice. He...

Ending Months of Uncertainty, DCG and Genesis Reach Agreement

Digital Currency Group (DCG) and its subsidiary Genesis, a leading crypto lending platform that filed for Chapter 11 bankruptcy protection, have reached a preliminary...

New York financial regulator investigates Gemini over FDIC claims: Report

New York State’s Department of Financial Services is reportedly investigating cryptocurrency exchange Gemini over claims the firm made in regards to assets under its...

Jim Cramer Thanks SEC Chairman for Standing up to ‘Crypto Bullies’ Seeking Spot Bitcoin ETF Approval

The host of Mad Money, Jim Cramer, has thanked Securities and Exchange Commission (SEC) Chairman Gary Gensler for standing up to the “crypto...

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit

Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by...

Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning

The Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned the crypto industry that a “regulatory onslaught is just beginning.”...

🔴What Made Crypto Surge? | This Week in Crypto – Jan 16, 2023

Nexo’s offices are raided by Bulgarian authorities, layoffs continue at crypto companies and El Salvador’s Miss Universe contestant graces the stage dressed in Bitcoin....

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...

Over 800 Victims of BitConnect Crypto Ponzi Scheme To Receive $17,000,000 in Restitution, According to U.S. DOJ

More than 800 victims of the collapsed BitConnect crypto Ponzi scheme are set to receive $17 million in restitution, according to the U.S. Department...

Market Analysis Report (13 Jan 2023)

The U.S. Securities and Exchange Commission (SEC) has sued digital currency trading platform Gemini and cryptocurrency lender Genesis, stating that Gemini’s cryptocurrency lending program...

SEC in the U.S. charges Genesis, Gemini with selling unregistered securities

The U.S. Securities and Exchange Commission (SEC) on Thursday charged cryptocurrency lender Genesis Global Capital and crypto exchange Gemini Trust with offering and selling...

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