Genesis

DCG Has Shut Down A $3.5 Billion Asset Management

Key Points: DCG has shut down its asset management division called HQ. The long crypto winter is arguably the most…

2 years ago

DCG And Genesis Knew That Alameda Would Be Insolvent In Late May 2022

Key Points: According to sources cited by cryptocurrency Twitter commenter Andrew, DCG and Genesis were aware that FTX and Alameda…

2 years ago

DCG Under Investigations Internal Money Transfer By US And SEC

Key Points: DCG is facing investigation by the SEC and RED over internally transferred funds to its subsidiaries. The financial…

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

Pionex Withdrew All Of Huobi’s Market-making Funds To Increase Transaction Depth

Pionex, a Singaporean cryptocurrency exchange, made the announcement that Huobi's market-making funds had been taken off its platform as a…

2 years ago

Genesis’ CEO Informs Clients It Needs More Time To Solve The $900M Locked Funds

Key Points: Genesis stated in a letter to clients on January 4 that it will continue to focus on identifying…

2 years ago

Justin Sun Is “Deeply Concerned” About The Debt Crisis Facing Gemini And DCG

Key Points: Justin Sun said that Huobi is deeply concerned about the debt crisis facing Gemini and Digital Currency Group.…

2 years ago

Genesis And DCG Loan Results In Arbitration Class Action Case Form Gemini Clients

Key Points: Genesis Global Capital and Digital Currency Group restricting withdrawals and Gemini stopping its Earn redemption scheme, three Gemini…

2 years ago

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