Digital Currency Group (DCG)

Gemini Settles Fraud Charges With $50M Payback: Report

Gemini settles fraud for $50M after NY Attorney General accused it of deceiving 230K+ investors. Further crypto lending in NY…

5 months ago

DCG Revenue Ups 59% YoY, Hits $210M In Q4 2023: Report

DCG revenue ups 59% to $210M in Q4 2023, tied to the crypto market's performance and the launch of US…

9 months ago

Gemini Co-Founder Accuses DCG’s Silbert Of Fraud, US Officials Investigate: Report

According to Bloomberg, US investigators probe fraud accusations between Gemini and DCG's Silbert, scrutinizing finances and conduct, including a $1.1B…

1 year ago

DCG’s $630 Million Debt Under Scrutiny In Genesis Bankruptcy Mediation

Genesis, DCG, UCC, Creditor Committee, and Gemini agree to a 30-day mediation process for resolution. DCG's economic contribution is under…

2 years ago

The Digital Currency Group Is Reported To Lose Of $1.1 Billion In 2022

Key Points: Digital Currency Group (DCG) reported a loss of up to $ 1.1 billion in 2022, owing to the…

2 years ago

Two 3AC Founders Receive Court Subpoenas For Missing

Key Points: Two 3AC founders received a subpoena for their unknown whereabouts. The Singapore court ordered Zhu Su and Kyle…

2 years ago

Genesis Now Continues To Lay Off 30% Of Employees

Key Points: It is claimed that about 60 positions (30% of the staff) had been cut. Currently, the business employs…

2 years ago

DCG May Dump As It Repays $1.5 billion Loan To Genesis

A drop in the value of DCG's portfolio holdings has sparked industry conjecture since DCG-owned crypto lender Genesis Global Capital…

2 years ago

Bitvavo Allocates Nearly $300 Million To DCG

According to a blog post by Bitvavo, the Dutch cryptocurrency exchange firm said it was unable to access 280 million…

2 years ago

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