Genesis

FTX Seeks To Claw Back Nearly $4 Billion From Genesis

FTX is attempting to recoup about $3.9 billion in cash and cryptocurrency from the insolvent digital asset lender Genesis Global…

2 years 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

Genesis Participates In The 30-Day Mediation Process Keep Restructuring Plan

In order to keep its planned restructuring plan, Genesis will move into mediation with its creditors.

2 years ago

Winklevoss Brothers Lend Gemini $100 Million During Recession

Gemini Winklevoss co-founders recently went out of their own pocket to provide their company with a $100 million loan to…

2 years ago

Genesis CEO Gets Priority To Buy Crypto On FTX At Cheap Price

People familiar with the matter revealed that the executives of crypto-lending company Genesis have the privilege of receiving FTX-backed crypto…

2 years ago

Rumor: Binance Borrowed CoinMarketCap To Buy Back CoinDesk

The source confirmed that Binance Capital Management is using CoinMarketCap as the agent to promote the CoinDesk acquisition agreement.

2 years ago

Tether Alleges WSJ Controversial Misleading Reports About The Company

Tether, one of the world's major stablecoin issuers, has accused The Wall Street Journal (WSJ) of printing and distributing misleading…

2 years ago

Donut Expects Debt Recovery Rate At Genesis Will Reach More Than 80%

Key Points: Cryptocurrency savings company Donut expects its DCG/Genesis debt recovery rate to be around 80%. The recovery plan is…

2 years ago

Gemini Donates $100 Million In Cash For Genesis Restructuring And Recovery Plan

Key Points: Gemini donates $100 million to struggling crypto company Genesis' recovery and restructuring plan. This is an essential step…

2 years ago

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