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Genesis

DCG Reaches In-Principle Deal With Genesis Creditors
Video
Dcg
DCG Reaches In-Principle Deal With Genesis Creditors
Court filings reveal that Digital Currency Group (DCG) has reached an in-principle deal with Genesis creditors to resolve the claims brought up in the crypto lender's bankrupt...
DCG Reaches In-Principle Deal With Genesis Creditors
By CoinDesk Staff
Aug 29, 2023 at 2:14 p.m. UTC
Aug 29, 2023
DCGGenesiscdtvFM ClipBankruptcy
Barry Silbert. CEO & Founder Digital Currency Group (DCG)
Policy
Regulations
DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%
The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.
Barry Silbert. CEO & Founder Digital Currency Group (DCG)
By Amitoj Singh
Aug 29, 2023 at 6:15 a.m. UTC
Aug 29, 2023
RegulationsDCGGenesisBankruptcycreditorsCourt Cases
Powell Says Fed Is 'Prepared to Raise Rates'; Mastercard, Binance Back Away From Crypto Card Partnership
Video
Binance
Powell Says Fed Is 'Prepared to Raise Rates'; Mastercard, Binance Back Away From Crypto Card Partnership
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Federal Reserve Chair Jerome Powell addresses the current state of inflation at the Kan...
Powell Says Fed Is 'Prepared to Raise Rates'; Mastercard, Binance Back Away From Crypto Card Partnership
By CoinDesk Staff
Aug 25, 2023 at 6:25 p.m. UTC
Aug 25, 2023
BinanceBlockFiGenesisFederal ReservecdtvJerome PowellFTXMastercardCd dailyJackson Hole
Bitcoin Slumps Below $28K; Genesis, FTX Strike Deal for $175M Bankruptcy Claim
Video
Paypal
Bitcoin Slumps Below $28K; Genesis, FTX Strike Deal for $175M Bankruptcy Claim
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin (BTC) trades below $28,000. FTX’s Alameda Research strikes a deal with bankrupt...
Bitcoin Slumps Below $28K; Genesis, FTX Strike Deal for $175M Bankruptcy Claim
By CoinDesk Staff
Aug 17, 2023 at 6:06 p.m. UTC
Aug 17, 2023
PayPalGenesiscdtvFTXbtcAlameda ResearchValkyrieCd daily
John J Ray III took over as FTX CEO in November (House Committee on Financial Services)
Policy
Regulations
Genesis, FTX Strike Deal for $175M Bankruptcy Claim
Though a sharp drop from the $4 billion originally claimed, lawyers hope it will let them get on with winding up estates.
John J Ray III took over as FTX CEO in November (House Committee on Financial Services)
By Jack Schickler
Aug 17, 2023 at 11:50 a.m. UTC
Aug 17, 2023
RegulationsFTXGenesisBankruptcy
Digital Currency Group CEO Barry Silbert (DCG)
Markets
Dcg
DCG Says It Sees Resolving Genesis Chapter 11 Bankruptcy Soon
Digital Currency Group comments on the restructuring in an investor letter.
Digital Currency Group CEO Barry Silbert (DCG)
By Nick Baker
Jul 31, 2023 at 5:27 p.m. UTC
Jul 31, 2023
DCGGenesisBankruptcy
Bankrupt crypto firms Genesis and FTX have reached an agreement in principle in their ongoing dispute. (Danny Nelson/CoinDesk)
Policy
Genesis
FTX and Genesis Reach Agreement in Ongoing Bankruptcy Dispute
Crypto lender Genesis Global Capital is FTX’s largest unsecured creditor, with $226 million in claims.
Bankrupt crypto firms Genesis and FTX have reached an agreement in principle in their ongoing dispute. (Danny Nelson/CoinDesk)
By Sam Reynolds
Jul 28, 2023 at 3:48 a.m. UTC
Jul 28, 2023
GenesisFTXFTX Collapse
Legal Expert Weighs in on Gemini's Lawsuit Against DCG
Video
Twitter
Legal Expert Weighs in on Gemini's Lawsuit Against DCG
Crypto firm Gemini sued Digital Currency Group last week, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, wh...
Legal Expert Weighs in on Gemini's Lawsuit Against DCG
By CoinDesk Staff
Jul 10, 2023 at 3:15 p.m. UTC
Jul 10, 2023
TwitterBarry SilbertGeminiGenesisDigital Currency GroupFacebookcdtvFM Clipcrypto regulationMetaStateCrypto_SponsorSasha HodderHodder Law FirmThreads
Cameron Winklevoss Says Gemini Filed Lawsuit Against Digital Currency Group
Video
Gemini
Cameron Winklevoss Says Gemini Filed Lawsuit Against Digital Currency Group
Crypto trust firm Gemini is suing Digital Currency Group, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis. "T...
Cameron Winklevoss Says Gemini Filed Lawsuit Against Digital Currency Group
By CoinDesk Staff
Jul 7, 2023 at 5:33 p.m. UTC
Jul 7, 2023
GeminiGenesisDigital Currency GroupcdtvHash clip
Genesis companies filed for bankruptcy in January 2023 (manuela ideacrea/Getty Images)
Policy
Regulations
Crypto Lender Genesis Amends Reorganization Plan as Mediated Talks Continue
The updated plan from mediated discussions with parent company DCG reflects “substantial agreement” on several key issues.
Genesis companies filed for bankruptcy in January 2023 (manuela ideacrea/Getty Images)
By Jack Schickler
Jun 13, 2023 at 3:58 p.m. UTC
Jun 13, 2023
RegulationsGenesisDigital Currency GroupBankruptcy