2019-4-25 16:00 |
Genesis Global Trading's cryptocurrency lending arm continues to grow, even as the number of short sellers dwindles.
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Once upon a time, a cryptocurrency transaction resembled a drug deal. Buyers and sellers met in-person, exchanging wads of cash for a private key scribbled on a slip of paper. A buyer could lose everything simply because the seller had bad handwriting.
2019-4-13 19:42 | |
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In a Friday 15 court filing, Gemini, the US-based crypto exchange platform, has accused Digital Currency Group (DCG) of engaging in “fraudulent activities” and attempting to evade responsibility for the harm caused to creditors.
Genesis Global Holdco, the parent company of cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection on January 20. The move came after Genesis Global Capital halted customer repayments on November 16, raising concerns about the potential failure of other firms.
Creditors of the crypto financial firm Genesis call for $1.5 billion of forbearance payments and loans denominated in dollars, bitcoin and ether, according to a term sheet posted on Twitter by the Gemini co-founder.
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).
Как сообщает издание Bloomberg со ссылкой на источники, знакомые с ситуацией, деятельность Digital Currency Group (DCG) привлекла внимание американских регуляторов.
Several regulators, including the Alabama Securities Commission, are investigating whether Genesis may have violated securities laws.
A travel and mapping application with 140 million users worldwide has raised $50 million to integrate decentralized finance protocols into its platform.
