2024-7-12 16:59 |
A wallet linked to crypto lender Genesis has transferred 12,600 Bitcoin (BTC) worth approximately $760 million to crypto exchange Coinbase. On-chain data tracked by Arkham shows the addressed labeled “Genesis Trading” moved the funds to the exchange amid the broader… origin »
|
Presales offer a chance to unearth hidden gems before they sparkle on the grand stage. Unlike established players, these presales present a thrilling opportunity for crypto investors to join a project at its genesis before it makes its official debut on an exchange.
2024-7-12 17:00 | |
|
|
The New York State Attorney General’s Office has secured a settlement of approximately $50 million with the crypto exchange Gemini Trust Company, LLC (Gemini). This marks the latest development in a high-stakes lawsuit involving the New York AG, Gemini, its former business partner Genesis Global Capital, and several other defendants.
2024-6-16 23:00 | |
|
|
Crypto exchange Gemini said users of its now-defunct Earn product received $2. 18 billion of their digital assets, according to a May 29 statement. These distributions amount to 97% of the total digital assets owed to Earn users, marking a significant recovery since the collapse of crypto lender Genesis, which halted withdrawals in November 2022.
2024-5-30 21:26 | |
|
|
According to local media reports, Binance, the world’s largest cryptocurrency exchange, is embroiled in a controversy involving the alleged mishandling of victims’ assets and the unauthorized sale of crypto lender Genesis’ claims.
2024-5-29 00:00 | |
|
|
The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits.
2024-5-28 20:44 | |
|
|
Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlement with the US Securities and Exchange Commission (SEC).
2024-3-19 23:00 | |
|
|
The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday.
2024-3-19 16:51 | |
|
|
In a recent development, US District Judge Edgardo Ramos has denied motions from cryptocurrency exchange Gemini and crypto lender Genesis to dismiss the case brought by the US Securities and Exchange Commission (SEC).
2024-3-14 09:00 | |
|
|
A federal court denied crypto exchange Gemini and Genesis Global Capital’s joint motion to dismiss the SEC’s case regarding their defunct Gemini Earn program, according to a March 13 filing.
2024-3-14 23:31 | |
|
|
A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing.
2024-3-14 22:40 | |
|
|
A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing.
2024-3-14 22:40 | |
|
|
Winklevoss’ crypto exchange Gemini was exploring an option to merge with crypto broker Genesis to compete with Coinbase and FTX. In October 2022, just a month before FTX filed for bankruptcy, Gemini co-founder Cameron Winklevoss discussed at a lunch with…
2024-3-8 11:09 | |
|
|
Crypto exchange Gemini said Earn users would receive “100% of their digital assets back in kind” following an in-principle agreement with bankrupt Genesis and other creditors of the failed lender, according to a Feb.
2024-2-29 14:22 | |
|
|
Bankrupt crypto lender Genesis has filed legal actions to retrieve $689. 3 million from cryptocurrency exchange Gemini. In a Nov. 21 court filing, the bankrupt lender alleged that Gemini contributed to the “run on the bank” it suffered by making these preferential transfers during a 90-day period that preceded its bankruptcy filing.
2023-11-22 15:35 | |
|
|
Genesis says the Winklevoss-founded crypto exchange benefited at the expense of Genesis’ creditors when it withdrew the money at the beginning of the crypto winter. Genesis Global Capital, a crypto brokerage firm owned by Digital Currency Group (DCG), is seeking…
2023-11-22 11:42 | |
|
|
Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million.
2023-11-22 10:34 | |
|
|
New York-based cryptocurrency exchange Gemini has officially initiated legal action against Digital Currency Group’s (DCG) Genesis Global in the Southern District of New York Bankruptcy Court.
2023-11-4 15:23 | |
|
|
In a recent development, crypto exchange Gemini has filed a lawsuit against the crypto platform Genesis Global about the ownership of shares in the Grayscale Bitcoin Trust (GBTC). Per the lawsuit, the exchange is seeking a determination from a federal judge to establish that Genesis has no right to over 60 million GBTC shares pledged […]
2023-10-28 00:00 | |
|
|
Cryptocurrency exchange Gemini has sued lending firm Genesis Global over 60 million GBTC shares that were pledged as collateral for Gemini's Earn users.
2023-10-28 19:20 | |
|
|
Recent analytics data shows that Ethereum's exchange supply has dropped to lowest level since 2015
2023-10-25 16:33 | |
|
|
Crypto lender Genesis Global Capital filed an amended Chapter 11 bankruptcy plan on Wednesday, Oct. 25, to resolve outstanding claims and interests of creditors. The amended plan results from extensive negotiations between Genesis, the Official Committee of Unsecured Creditors, crypto exchange Gemini, and the Ad Hoc Group of Genesis Lenders.
2023-10-25 10:48 | |
|
|
The New York Attorney General’s office lodged a suit against Winklevoss-owned crypto exchange Gemini, cryptocurrency lending company Genesis, and crypto investment firm DCG earlier today. The suit also includes allegations against Soichiro Michael Moro, the former CEO of Genesis, and Barry E.
2023-10-22 21:24 | |
|
|
Following US Federal Reserve chair Jerome Powell’s recent comments that led to higher treasury yields, Bitcoin price and other cryptocurrencies experienced modest gains on Friday. However, a legal action by the state of New York against Digital Currency Group, Genesis Global Capital, and the Gemini crypto exchange, alleging fraud exceeding $1 billion, created some uncertainty. […]
2023-10-20 09:31 | |
|
|
The New York Attorney General sued Gemini exchange and Genesis for not revealing the real risks behind loans extended to third-parties. The post New York Prosecutor Sues Genesis and Gemini for Alleged $1 Billion Fraud appeared first on BeInCrypto.
2023-10-20 19:05 | |
|
|
Genesis and its associated companies were ordered by a judge to produce documents on Oct. 13, as part of a securities case initiated by the U. S. Securities and Exchange Commission (SEC) against Terraform Labs.
2023-10-17 00:20 | |
|
|
The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U.
2023-10-12 10:30 | |
|
|
The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U.
2023-10-12 10:30 | |
|
|
Gemini has confirmed it withdrew $282 million of its Earn users funds from the bankrupt crypto lender Genesis in August last year into its liquidity reserve, according to a Sept. 28 statement. The exchange made this statement in response to a New York Post report alleging that the crypto platform’s co-founders, Tyler and Cameron Winklevoss, […] The post Gemini confirms it withdrew $282M from Genesis to boost liquidity reserves in 2022 appeared first on CryptoSlate.
2023-9-30 22:30 | |
|
|
Gemini Trust Co., a crypto exchange, reportedly withdrew $282 million from Genesis Global Holdco LLC months before Genesis filed for bankruptcy
2023-9-28 17:44 | |
|
|
Per a report from TheBlock, Digital Currency Group (DCG) reached an agreement with crypto exchange Gemini. The two parties have been negotiating for months after the collapse of crypto lender Genesis, a DCG subsidiary, and the Gemini Earn program.
2023-9-14 21:00 | |
|
|
Prominent crypto exchange Coinbase has launched a crypto lending service targeted at institutional investors in the United States. According to a Tuesday report by Bloomberg, the largest American exchange seeks to fill the void created by the collapse of crypto lending firms such as BlockFi, Genesis Global, Celsius, etc.
2023-9-7 02:30 | |
|
|
Crypto exchange Gemini rejected the proposed settlement deal between bankrupt crypto platform FTX and Genesis, according to an Aug. 31 court filing. Gemini posited that the proposed settlement between the failed firms is an attempt to manipulate the voting process for the bankruptcy plan, further describing it as a “sweetheart pre-plan deal” designed to benefit […] The post Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’ appeared first on CryptoSlate.
2023-9-1 14:01 | |
|
|
Gemini, a crypto exchange led by the Winklevoss twins, opposed the bankruptcy plan by Genesis and Digital Currency Group (DCG). Gemini‘s lawyers explained that the bankruptcy plan lacks enough details and guarantees for some of the largest debtors. The Gemini’s filing stated…
2023-8-31 16:31 | |
|
|
Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis' bankruptcy doesn't have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday.
2023-8-31 00:43 | |
|
|
Per a Bloomberg report, Digital Currency Group and its CEO Barry Silbert are moving to try to dismiss the lawsuit filed by their former partner, crypto exchange Gemini. The two entities have been in a legal battle since early 2023 due to its “Earn Program,” which collapsed with Genesis.
2023-8-11 02:00 | |
|
|
Digital Currency Group (DCG) and its CEO, Barry Silbert, are seeking the dismissal of a lawsuit brought against them by the Gemini Trust Inc. crypto exchange, following disputes linked to DCG’s Genesis Global freezing withdrawals
2023-8-10 21:25 | |
|
|
The legal tussle between bankrupt crypto exchange FTX and crypto lender Genesis seems to be coming to a resolution, a recent court filing reveals. According to the letter filed yesterday at the US bankruptcy court for the Southern District of New York, both firms – who happened to have filed for bankruptcy – have agreed to settle their ongoing billion-dollar dispute.
2023-7-30 23:00 | |
|
|
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has filed a lawsuit against Digital Currency Group (DCG) and its founder Barry Silbert in a New York court on July 7. The company is seeking to recover the damages and losses incurred due to DCG’s and Silbert’s alleged “false, misleading, and incomplete” representations and […]
2023-7-8 01:00 | |
|
|
Cryptocurrency exchange Gemini, founded by the Winklevoss twins, has filed a civil lawsuit against Digital Currency Group (DCG) and its CEO Barry Silbert. The lawsuit is rooted in a dispute over the insolvency of Genesis Capital, a firm with which Gemini had a significant business partnership.
2023-7-7 20:40 | |
|
|
In a recent open letter addressed to Barry Silbert, the CEO of Digital Currency Group (DCG), Cameron Winklevoss, co-founder of the popular cryptocurrency exchange Gemini, has reignited the ongoing saga surrounding the alleged fraudulent behavior of DCG and its subsidiary, Genesis.
2023-7-4 09:10 | |
|
|
The fallout from the collapse of major crypto exchange FTX continues, as the liquidator attempts to recover nearly $4 billion for creditors from another bankrupt crypto firm, Genesis Global Capital (GGC).
2023-6-7 20:00 | |
|
|
Gemini is fighting to reverse its market share decline amid regulatory and financial challenges. The exchange’s troubles became apparent in November 2022 when its Earn Program partner, the now-bankrupt Genesis, failed to pay $765 million owed.
2023-5-30 12:55 | |
|
|
The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.
2023-5-30 13:00 | |
|
|
The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.
2023-5-29 13:00 | |
|
|
Gemini has said that its parent company DCG has failed to pay $630 million, which was due last week. The exchange stated that it is working with Genesis, DCG, and creditors to offer forbearanceThe post Gemini accuses parent company DCG of not paying $630 million dues appeared first on AMBCrypto.
2023-5-22 14:30 | |
|
|
In a court petition published on May 3, insolvent crypto exchange FTX claimed insolvent Genesis Global Capital owed it roughly $4 billion. According to the lawsuit, Genesis was “largely repaid” the roughly $8 billion it lent to Alameda Research, a…
2023-5-4 14:30 | |
|
|
Bankrupt crypto exchange FTX is seeking to claw back billions of dollars from embattled crypto lender Genesis Global Capital. The post FTX Eyes $4 Billion in Clawback Claims From Bankrupt Crypto Lender Genesis appeared first on BeInCrypto.
2023-5-4 09:19 | |
|
|
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model.
2023-5-4 02:39 | |
|
|
Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday.
2023-5-4 00:48 | |
|
|
The largest recipient of the Genesis Trading bankruptcy proceedings has recently been involved in a significant Ethereum sell-off. According to data provided by Arkham Intelligence, the creditor has sold 12,100 Ethereum (ETH) worth $31.43 million, within just three days. This…
Genesis Global and affiliated entities have begun disbursing $4 billion in creditor payouts following the completion of their restructuring process. According to an Aug. 2 statement, crypto lender Genesis Global started repayments to over 100,000 creditors after declaring bankruptcy in…
Genesis Trading has moved billions of dollars in recent days, potentially to manage creditor repayments as part of its financial restructuring efforts. The crypto lender, which is navigating bankruptcy, has reportedly transferred substantial amounts of Bitcoin (BTC) and Ethereum (ETH)…
Crypto exchange Gemini said users of its now-defunct Earn product received $2. 18 billion of their digital assets, according to a May 29 statement. These distributions amount to 97% of the total digital assets owed to Earn users, marking a significant recovery since the collapse of crypto lender Genesis, which halted withdrawals in November 2022.
The case of clients’ money from Gemini’s Earn program, frozen for a year and a half, is finally moving toward a resolution. On May 17, Judge Sean H. Lane approved Genesis’ Chapter 11 bankruptcy plan. The decision will allow the…
Genesis Global, the digital assets lender that went bankrupt last year, received court approval to pay billions in cash and crypto to creditors. The judge also rejected a legal challenge from Genesis Global's parent company, DCG.