Por: New York Daily News Nation January 06, 2023
Cryptocurrency lender Genesis Global Trading reportedly laid off 30% of its employees on Thursday and has openly examined filing for bankruptcy. Genesis hired investment bank Moelis & Company to weigh a Chapter 11 bankruptcy filing, the Wall Street Journal reported. A Genesis trading screen is seen on Nov. 16, the same day the company froze customer assets. The move was designed to “preserve client assets and move the business forward,” a... + full article
NBC News USA Business January 13, 2023
The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors. Gemini, a crypto exchange, and Genesis, a crypto lender, partnered in February... + más
Crypto firms Genesis and Gemini charged by SEC with selling unregistered securities | CNBC
S.E.C. Charges Crypto Companies With Offering Unregistered Securities | The New York Times
The New York Times USA Business January 13, 2023
The Securities and Exchange Commission on Thursday charged the cryptocurrency lender Genesis Global Capital and the cryptocurrency exchange Gemini Trust with offering unregistered securities through a program that promised investors high interest on deposits.The S.E.C. said that... + más
SEC charges crypto firms Genesis and Gemini with selling unregistered securities | NBC News
CNBC USA Tech January 06, 2023
In this articleBarry Silbert, Founder and CEO, Digital Currency GroupDavid A. Grogan CNBCGenesis Trading, the embattled crypto lending arm of Barry Silbert's Digital Currency Group, has cut headcount by 30% as it faces increasing pressure from creditors and the looming... + más
Crypto lender Genesis had sought emergency loan of $1 Billion | Fox Business
MarketWatch USA Business November 24, 2022
Founded by billionaire Barry Silbert, DCG is one of the largest crypto companies in the world. In addition to Genesis, it also owns Grayscale, backer of the world’s largest bitcoin fund, crypto news publication CoinDesk and digital asset exchange Luno, among others. A letter... + más
Bitcoin tumbles to fresh lows and Grayscale trust discount worsens as Genesis denies imminent bankruptcy | MarketWatch
MarketWatch USA Business November 22, 2022
A representative for Genesis downplayed the Bloomberg report in a statement shared with MarketWatch, which claimed that the company is continuing to have “constructive” conversations with creditors. “We have no plans to file bankruptcy imminently. Our goal is to resolve... + más
Grayscale refuses to share proof of reserves due to 'security concerns' as shares trade at a 45% discount to bitcoin | CNBC
MarketWatch USA Politics November 22, 2022
Fox Business USA Business November 18, 2022
Threadneedle Ventures founder Ann Berry and Thru the Cycle founder John Lonski discuss how the financial collapse of FTX could ripple through the U.S. economy on 'Cavuto: Coast to Coast.' Cryptocurrency lender Genesis was seeking an emergency loan of $1 billion from... + más
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