Zephyrnet Logo

Tag: Digital Currency Group (DCG)

DCG & Barry Silbert Face Class Action Lawsuit From Creditors

DCG and Barry Silbert are facing a class action lawsuit from creditors of Genesis. The lawsuit alleges a violation of federal securities laws by...

Top News

This Week on Crypto Twitter: SBF Pleads Innocence via Excel, Twitter Reacts with Memes

It was the third full week of 2023, the third full week of consecutive gains for all leading cryptocurrencies, and the third week of...

Genesis Files for Chapter 11 Bankruptcy

Genesis, a cryptocurrency lending company, has filed a petition for bankruptcy protection under Chapter 11 in the Southern District of New York. According to the...

Cameron Winklevoss Says Gemini Will Sue Digital Currency Group and Barry Silbert As Genesis Files for Bankruptcy

The co-founder of US-based exchange giant Gemini is announcing his exchange will sue the parent company of bankrupt crypto lender Genesis. Yesterday, Genesis Global Capital,...

CryptoSlate Wrapped Daily: Genesis files for bankruptcy; Cardano creator wants CoinDesk

The biggest news in the cryptoverse for Jan. 20 saw Genesis Global Capital file for bankruptcy. Elsewhere, Cardano creator Charles Hoskinson confirmed that he...

Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy

According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based...

Winklevoss Threaten to Sue DCG as Genesis Files for Bankruptcy

Cameron Winklevoss, the CEO of Gemini Earn which held $950 million in Genesis, threatened to sue the Digital Currency Group (DCG) after its subsidiary...

Genesis Global caves to liquidity issues, files for Chapter 11 bankruptcy

Genesis Global — a Digital Currency Group (DCG) subsidiary — filed for Chapter 11 bankruptcy protection on Jan. 19 in the...

Genesis Files for Bankruptcy, Has $150 Million In the Bank

Digital currency brokerage Genesis announced that it filed for Chapter 11 bankruptcy late Thursday."An in-court restructuring presents the most effective avenue through which to...

Top tech startup news for today Thursday, January 19, 2023: Coindesk, Netflix, Nexo, Outrider, and Playtika

Good evening! Below are some of the top tech startup news stories for Thursday, January 19, 2023. Netflix co-founder Reed Hastings steps down as CEO Netflix co-founder...

Bitcoin (BTC) Fights To Regain $21,000 Amid Genesis Rumors and Charges Against Little-Known Crypto Exchange

Bitcoin (BTC) is on the cusp of regaining $21,000 as charges are filed against a little-known crypto exchange platform and rumors swirl around embattled...

CoinDesk is exploring selling itself as crisis deepens at parent company DCG due to FTX contagion

The collapse of FTX has rippled across the crypto industry like an earthquake, causing the downfall of other crypto-related startups including BlockFi, Genesis Trading, Galaxy...

Is Genesis’s Prepackaged Bankruptcy The Ultimate Sacrifice?

What Happened: Embattled crypto lender Genesis is negotiating with creditors on the terms of its Chapter 11 bankruptcy filing, sources told The Block on...

Latest Intelligence

spot_img
spot_img