Genesis

Genesis Has Stated Their Intention To Emerge From Bankruptcy By May 19

Key Points: According to bankruptcy court records, Genesis, which has the support of Barry Silbert's Digital Currency Group, plans to…

2 years ago

DCG Owes More Than $1.65 Billion To Its Subsidiary Genesis Global

Key Points: DCG owes Genesis $575 million in a loan due in May of this year, as well as a…

2 years ago

Bybit CEO Clarifies Company Unaffected By Genesis Crisis

Key Points: Bybit co-founder and CEO Ben Zhou said that Mirana is the investment arm of Bybit, but it only…

2 years ago

Cameron Winklevoss Threatened To Sue Against DCG CEO After Genesis Filed For Bankruptcy

Key Points: Unless Barry Silbert and DCG “come to their senses and make a fair offer to creditors," Cameron Winklevoss…

2 years ago

Genesis Creditors Sue DCG And Barry Silbert In Class Action Lawsuit

Key Points: Genesis creditors are suing Digital Currency Group (DCG) and its CEO Barry Silbert for allegedly breaking federal securities…

2 years ago

DCG Trying To Offload Its Venture-capital Portfolio Worth $500 Million

Key Points: Genesis' parent company, Digital Currency Group, is considering asset sales to settle its over $3 billion debt to…

2 years ago

Gemini Has Ended Its Earn Program And Asks Genesis To Refund All Locked Assets

Key Points: Gemini has ended its Earn Program after nearly two years of operation. The war broke out when DCG…

2 years ago

Barry Silbert Wrote A Heart Letter After Being Asked To Resign

Key Points: Barry Silbert wrote a letter to shareholders to share the current situation of DCG and Genesis. The action…

2 years ago

Coinbase To Cut 950 Jobs In A Fresh Round Of Layoffs

Key Points: Another round of layoffs by Coinbase, affecting 950 workers, resulted in a 25% reduction in operating costs. In…

2 years ago

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