Digital Currency Group (DCG)

Barry Silbert looking at an approaching storm cloud.
Regulations
DCG Challenges Genesis’ Settlement with NYAG in Court

The NYAG and Genesis might need to revamp their settlement as DCG points to alleged Bankruptcy Code violations.

by Insha Zia
Barry Silbert looking at an approaching storm cloud.
SEC
$3B NYAG Lawsuit Explained: Did DCG & Genesis Lie to Users?

New York Attorney General triples claim against crypto giants DCG and Genesis to $3 billion, alleging widespread investor fraud.
by Kyle Calvert
Barry Silbert looking at an approaching storm cloud.
Regulations
DCG Challenges Genesis Bankruptcy Exit Plan in Court

Genesis might need to rethink its bankruptcy plan as parent company DCG moves to court to challenge it.
by Brian Danga
Genesis robot and DCG shaking hands in an office.
Regulations
DCG Successfully Repays All Genesis Short-Term Loans

DCG's significant debt repayment to Genesis heralds stability, marking a pivotal moment in cryptocurrency market resilience and recovery efforts.
by Kyle Calvert
Genesis robot and DCG shaking hands in an office.
Regulations
DCG Reaches Agreement with Genesis to Settle $620M Lawsuit

DCG and Genesis might soon settle a $620 million lawsuit following a newly proposed repayment plan.
by Brian Danga
Cartoon boy looking through a portal seeing GALA Games in a lawsuit.
Regulations
New York AG Sues Gemini, Genesis, DCG for Defrauding Investors

The Attorney General's Office of New York has initiated a sweeping lawsuit against Gemini, Genesis, and DCG.
by Brian Danga
Barry Silbert looking at an approaching storm cloud.
Regulations
Genesis Sues Parent Company DCG over $610 Million Debt

Genesis’ suit against DCG puts the firm in yet another legal battle, with its Gemini Issue still unresolved.
by Grace Abidemi
Binance CZ reading under desk, as a CoinDesk CEO is looking for him.
Binance News
CZ: Binance Won’t Add DCG’s CoinDesk to Its Media Empire

Binance's CEO says CoinDesk is not a good fit for the exchange’s media empire.

by David Marsanic
A man in a suit with huge glasses cover almost all of his face
Exchanges
DCG Sells Shares in Grayscale Crypto Trusts at Steep Discount to Raise Funds for Genesis Creditors

DCG focuses on the Ethereum trust and sells $8 per share, despite each share’s claim to $16 of ether.
by Arturas Skur
Genesis and Gemini robots shake hands in the foreign planet.
SEC
Genesis and Gemini Reach Agreement: DCG Scrambles to Sell Assets – Latest News on Genesis Bankruptcy

DCG is dumping its assets to save Genesis, on the hook for $900 million in Gemini Earn deposits.

by David Marsanic
Bitcoin Jesus Roger Ver holding fans made of money.
Bitcoin (BTC)
‘Bitcoin Jesus’ Echoes Gemini Claims of ‘Accounting Fraud’ at Genesis

Roger Ver said that Genesis refused to clarify some points in its allegedly misreported financial statements.
by Arturas Skur
Gemini Winklevoss twins stand besides each other.
Exchanges
Gemini Resorts to Third Wave of Job Cuts After DCG Meltdown

The exchange has reportedly laid off around 10% of its employees.
by Arturas Skur
Cameron Winklevoss holding Barry Silbert by the neck.
Regulations
Winklevoss Twins Threaten to Sue DCG CEO After Genesis Bankruptcy

Winklevoss twins threaten to sue DCG over $900 million in loans that Gemini Earn users gave to Genesis.

by David Marsanic
A human hand picking up human skull with Genesis written on it from the desert.
Exchanges
Genesis Files for Bankruptcy, Owes 50 Creditors $3.5 Billion, The Crypto Market Remains Unfazed

Genesis has filed for bankruptcy protection with debts of over $3.5 billion, but crypto markets are unmoved. This is why.

by Milko Trajcevski
Human reading a book leaning on crypto coin.
Crypto Market News
Crypto News Outlet CoinDesk Hires Bankers for Potential Sale as Parent Company Scampers for Funds

Leading crypto news outlet CoinDesk is contemplating a sale as the financial crisis at its parent company, DCG, worsens.

by Milko Trajcevski
CEO of Genesis Marco Streng angry dealing with bankruptcy papers.
Exchanges
Crypto Lender Genesis Is Preparing for Bankruptcy Filing

Genesis Global Capital might file for bankruptcy as soon as this week if it fails to raise enough cash.
by Arturas Skur
Chief Executive Officer of Digital Currency Group Barry Silbert showing empty pockets inside a saferoom.
Crypto Market News
Digital Currency Group (DCG) Halts Dividends Indefinitely as Financial Distress Worsens

DCG has halted its quarterly dividends as it looks to reduce its operating expenses and conserve funds.

by Milko Trajcevski
Barry Silbert sitting on the moon in outer space.
Cryptopedia
Who is Barry Silbert? DCG, Genesis, and His Rise to Crypto Fame

Profile of Barry Silbert, the millionaire owner of Digital Currency Group, the parent company of Crypto's recently insolvent lender Genesis.
by Victor Fabusola
Barry Silbert a thwe table laying off staff.
Exchanges
DCG’s Genesis Reportedly Owes Over $3 Billion to Its Creditors

DCG is considering liquidating part of its $500 million venture capital portfolio to help Genesis with the debt.
by Arturas Skur
A man in suit is going downstairs while another man cut in half is pointing his hand at something and papers are flying around. Gemini, Genesis
Regulations
Gemini Terminates Genesis Loans, Ends Crypto Yield Program

The exchange said it would “operate with the utmost urgency” to return users over $900 million stuck with Genesis.
by Arturas Skur
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