Digital CUrrency Group

Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares

DCG, the parent company of the bankrupt lender, contended that Genesis's motives for selling the assets lacked merit.

Genesis’ bankruptcy plan faces pushback from parent company DCG over creditor payouts

Digital Currency Group claimed that some 'influential creditors controlling the UCC and Ad Hoc Group' pressured Genesis into its bankruptcy plan.

News ▸ Bankruptcy 3 months ago

Digital Currency Group still owes Bitcoin, USD to Genesis, filing suggests

DCG had publicly claimed it had repaid the loan it owed to its bankrupt subsidiary Genesis.

News ▸ Bankruptcy 4 months ago

Court bars Digital Currency Group from reducing Genesis ownership during bankruptcy

The court ruled that DCG's ownership of the distressed crypto lender was crucial for securing tax benefits.

News ▸ Bankruptcy 4 months ago

Gemini claims ‘victim’ status in NYAG’s billion-dollar lawsuit

Gemini said the lawsuit validates its claim that Genesis and its parent company, Digital Currency Group, conspired defraud creditors.

News ▸ Legal 6 months ago

Gemini confirms it withdrew $282M from Genesis to boost liquidity reserves in 2022

The exchange claimed to have sent the funds to a liquidity reserve to mitigate customer risk during market volatility.

News ▸ Bankruptcy 7 months ago

Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’

Another creditor group claims Genesis is buying FTX's support through the settlement.

News ▸ Bankruptcy 8 months ago

Multiple Genesis Capital creditors walk away from agreement – DCG responds

Genesis Capital wants a sitting bankruptcy judge in the Southern District of New York to act as a mediator in its disputes.

News ▸ Bankruptcy 1 year ago

Bitvavo rejects DCG’s 70% repayment proposal

Bitvavo has over $300 million (€280 million) locked with DCG. The exchange said it uses DCG's services to offer off-chain staking services to its own clients.

News ▸ Exchanges 1 year ago

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Digital CUrrency Group

Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares

Genesis’ bankruptcy plan faces pushback from parent company DCG over creditor payouts

Digital Currency Group still owes Bitcoin, USD to Genesis, filing suggests

Court bars Digital Currency Group from reducing Genesis ownership during bankruptcy

Gemini claims ‘victim’ status in NYAG’s billion-dollar lawsuit

Gemini confirms it withdrew $282M from Genesis to boost liquidity reserves in 2022

Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’

Multiple Genesis Capital creditors walk away from agreement – DCG responds

Bitvavo rejects DCG’s 70% repayment proposal

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Digital CUrrency Group

Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares

Genesis’ bankruptcy plan faces pushback from parent company DCG over creditor payouts

Digital Currency Group still owes Bitcoin, USD to Genesis, filing suggests

Court bars Digital Currency Group from reducing Genesis ownership during bankruptcy

Gemini claims ‘victim’ status in NYAG’s billion-dollar lawsuit

Gemini confirms it withdrew $282M from Genesis to boost liquidity reserves in 2022

Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’

Multiple Genesis Capital creditors walk away from agreement – DCG responds

Bitvavo rejects DCG’s 70% repayment proposal

FTX investors agree to drop civil lawsuit against SBF if he snitches on celebrity promoters

IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability

Solana drama continues as leading DeFi founder quits amid $150 million outflows

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