Genesis Global

Money being handed down from the sky.
Regulations
New York AG Secures $2B Settlement from Genesis Global

New York Attorney General’s Office secures a multibillion settlement from Genesis Global.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Winklevoss twins in their lawyers office and the lawyer is not impressed.
Regulations
Genesis Sues Gemini to Recover $689M Preferential Transfers

Genesis has initiated legal proceedings against its former business partner, Gemini, seeking to recover millions in privileged transfers.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
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 . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Genesis robot and DCG shaking hands in an office.
Regulations
Genesis and DCG Reach In-Principle Deal with Creditors

Crypto lender Genesis and its parent company have agreed on a new debt servicing plan.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
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 . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Barry Silbert a thwe table laying off staff.
Binance News
Genesis Bankruptcy Rumors Intensify as the Firm Lays Off 30% of Staff

In less than six months, crypto lending platform Genesis Global has reduced its workforce for the second time.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Barry Silbert sitting next to an angry man holding a megaphone and shouting
Regulations
Gemini Users File a Class Action Arbitration Against Genesis Global Capital

Three users have accused Genesis Global Capital of breaching a contract and offering unregistered securities.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
FTX News
Gemini and Winklevoss Twins Sued for Not Selling Interest-Bearing Accounts as Securities

In the lawsuit, investors alleged that the Gemini exchange and the Winklevoss twins violated the Exchange Act.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Genesis Global’s Debt Volume Rises to $1.8 Billion, Could Grow Even Higher
Exchanges
Genesis Global’s Debt Volume Rises to $1.8 Billion, Could Grow Even Higher

Genesis Global Capital could be in a deeper financial crisis than reported.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
bitcoin btc fell genesis smoke fire
Bitcoin (BTC)
Bitcoin (BTC) Falls to 2-Year Low on Genesis Bankruptcy Fears

Traders fear that the collapse of Genesis could prolong the crypto winter even further.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Barry Silbert with a red police siren on his head is sitting in a black cap full of dollars
FTX News
Genesis Sought a $1 Billion Emergency Loan Before Halting Withdrawals

Crypto lender Genesis was reportedly seeking a bailout of up to $1 billion on Monday.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp

Subscribe here