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Tag: bitvavo

Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy

According to documents filed with the court on February 4, a committee consisting of seven members has been constituted to represent the interests of...

Genesis unsecured creditors’ committee appointed

A seven-member committee has been appointed to represent the interests of unsecured creditors in Genesis Global bankruptcy case, according to court filings on Feb....

Bitvavo Crypto Exchange Rejects 70% Repayment Plan from DCG

Bitvavo – a Dutch bitcoin exchange – has rejected a proposal from the Digital Currency Group (DGC) headed by Barry Silbert to repay approximately...

DCG’s Dilemma: Should It Sell Its GBTC Holdings to Repay Gemini? – Ep. 442

January 13, 2023by Laura Shin Gemini has accused Digital Currency Group CEO Barry Silbert of fraud after allegedly misrepresenting the financials of his company....

CryptoSlate Wrapped Daily: SBF comments on FTX’s fate; Nexo faces criminal allegations

The biggest news in the cryptoverse for Jan. 12 saw former FTX CEO Sam Bankman-Fried comment on a possible FTX recovery...

Breaking: Barry Silbert’s DCG Owes Over $3 Billion To Creditors

After being caught off guard by the failure of the FTX crypto exchange in November of 2022, DCG, a conglomerate that controls crypto...

Dutch Crypto Exchange Refuses DCG’s Offer to Pay 70% of its Debt

Dutch crypto exchange Bitvavo claimed to have received an offer from Digital Currency Group (DCG) on January 9th to repay 70% of its...

Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt

Cryptocurrency exchange Bitvavo, a major creditor of the troubled crypto company Digital Currency Group (DCG), has dismissed DCG’s proposal of partial debt repayment.Bitvavo officially...

Bitvavo Rejects DCG’s 70% Debt Repayment Offer

The cryptocurrency exchange Bitvavo, which is a significant creditor of the financially challenged cryptocurrency startup Digital Currency Group (DCG), has rejected DCG's proposal of...

DCG Wealth Management Division Shuts Down Hours After Genesis Announced Layoffs: Report

Yesterday, the DCG Group – a conglomerate that manages Genesis, Grayscale, and wealth management service HQ – announced a 30% workforce reduction as...

DCG Confirms Shutdown of Wealth Management Subsidiary HQ

Digital Currency Group (DCG), the crypto conglomerate that owns beleaguered crypto broker Genesis and digital asset manager Grayscale, confirmed Thursday that it is shuttering...

Bitvavo Claims DCG Has Liquidity Issues, Exchange Funds Unaffected

As the fallout from the FTX implosion continues to unfold across the pond, DCG Group is also said to be dealing with liquidity...

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