Genesis Global Capital

Bankruptcy Court Approves Genesis Settlement With NY Attorney General
Bankruptcy Court Approves Genesis Settlement With NY Attorney General
May 20, 2024  |  Cryptocurrency

Cryptocurrency firm Genesis has been banned from operating in New York and will pay a settlement worth $2 billion, the Office of the New York State Attorney General (NYAG) said in...

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New York DFS Announces Settlement With Gemini Trust
New York DFS Announces Settlement With Gemini Trust
February 28, 2024  |  Legal

The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its...

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Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
October 19, 2023  |  Cryptocurrency

Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1...

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Barry Silbert’s DCG Crisis Over Who Owes What Complicated by Who Owns What
Barry Silbert’s DCG Crisis Over Who Owes What Complicated by Who Owns What
January 19, 2023  |  Cryptocurrency

It’s hard to tell who is faring worse, Barry Silbert, or his stable of companies. The one-time paper billionaire’s wealth has cratered to the mere...

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Genesis Is Preparing to File for Bankruptcy as Crypto Contagion Continues
Genesis Is Preparing to File for Bankruptcy as Crypto Contagion Continues
January 18, 2023  |  Cryptocurrency

Cryptocurrency lender Genesis Global Capital reportedly could file for bankruptcy this week. Bloomberg reported Wednesday (Jan. 18) that the unit of Digital Currency Group (DCG)...

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SEC Charges Genesis and Gemini Following Crypto Collapse Contagion 
SEC Charges Genesis and Gemini Following Crypto Collapse Contagion 
January 12, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has charged two cryptocurrency companies with offering unregistered securities. The complaint charges Genesis Global Capital and Gemini Trust Company...

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