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Tag: Digital Currency Group (DCG)

DCG & Barry Silbert Face Class Action Lawsuit From Creditors

DCG and Barry Silbert are facing a class action lawsuit from creditors of Genesis. The lawsuit alleges a violation of federal securities laws by...

Genesis Lawyer Has ‘Some Measure of Confidence’ in Creditor Resolution This Week

Sean O’Neal, a lawyer representing the bankrupt crypto broker Genesis, said there’s "some measure of confidence" the firm would resolve its disputes with creditors...

Class Action Lawsuit Filed Against DCG and Barry Silbert

The Digital Currency Group (DCG) and its founder Barry Silbert have been sued following the bankruptcy of their subsidiary Genesis last week. Silver Golub &...

Lawyers for Genesis and Its Creditors Are ‘Optimistic’ for a Quick Resolution to Bankruptcy Woes

According to a declaration filed by Genesis interim CEO Derar Islim, the company has more than $5 billion in liabilities – a sum considerably...

Genesis bankruptcy case scheduled for first hearing

The first hearing in Genesis Capital's bankruptcy case will be held on January 23 at 2:00 pm (EST), according to court filings. Judge Sean...

This Week on Crypto Twitter: SBF Pleads Innocence via Excel, Twitter Reacts with Memes

It was the third full week of 2023, the third full week of consecutive gains for all leading cryptocurrencies, and the third week of...

Jim Cramer Thanks SEC Chairman for Standing up to ‘Crypto Bullies’ Seeking Spot Bitcoin ETF Approval

The host of Mad Money, Jim Cramer, has thanked Securities and Exchange Commission (SEC) Chairman Gary Gensler for standing up to the “crypto...

Cardano Price Prediction As ADA Targets Areas Above $0.4

Join Our Telegram channel to stay up to date on breaking news coverage Cardano has recorded a remarkable recovery over the last two weeks, surging...

Genesis Files for Chapter 11 Bankruptcy

Genesis, a cryptocurrency lending company, has filed a petition for bankruptcy protection under Chapter 11 in the Southern District of New York. According to the...

Cameron Winklevoss Says Gemini Will Sue Digital Currency Group and Barry Silbert As Genesis Files for Bankruptcy

The co-founder of US-based exchange giant Gemini is announcing his exchange will sue the parent company of bankrupt crypto lender Genesis. Yesterday, Genesis Global Capital,...

CryptoSlate Wrapped Daily: Genesis files for bankruptcy; Cardano creator wants CoinDesk

The biggest news in the cryptoverse for Jan. 20 saw Genesis Global Capital file for bankruptcy. Elsewhere, Cardano creator Charles Hoskinson confirmed that he...

Coindesk May Be Sold as Parent Company DCG Struggles

According to recent reports, the cryptocurrency news website CoinDesk is mulling over the possibility of being sold as its parent company, Digital Currency Group...

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