Generative Data Intelligence

Tag: Digital Currency Group (DCG)

Genesis’ bankruptcy filing was decided by independent committee, according to DCG

In a Jan. 20 statement, Genesis Capital’s parent company, Digital Currency Group (DCG), denied involvement in Genesis’ bankruptcy filing. According to DCG, a special committee of...

Genesis Claims $5.1B in Liabilities in First-Day Bankruptcy Filing

“At the same time, Holdco’s corporate parent, Digital Currency Group (DCG), and its various subsidiaries, including DCG International Investments Ltd., were also impacted by...

Winklevoss Twins Threaten to Sue DCG CEO After Genesis Bankruptcy

The Winklevoss twins, Cameron and Tyler, threatened to sue the Digital Currency Group (DCG) CEO over the $900 million in Gemini client...

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit

Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by...

Cardano Founder Suggests Buying CoinDesk News Site

Charles Hoskinson, the co-founder of Cardano, considers acquiring Coindesk. CoinDesk is contemplating the possibility of selling the business. CoinDesk has retained the services...

Winklevoss Threaten to Sue DCG as Genesis Files for Bankruptcy

Cameron Winklevoss, the CEO of Gemini Earn which held $950 million in Genesis, threatened to sue the Digital Currency Group (DCG) after its subsidiary...

Genesis Global caves to liquidity issues, files for Chapter 11 bankruptcy

Genesis Global — a Digital Currency Group (DCG) subsidiary — filed for Chapter 11 bankruptcy protection on Jan. 19 in the...

Genesis Files for Bankruptcy, Has $150 Million In the Bank

Digital currency brokerage Genesis announced that it filed for Chapter 11 bankruptcy late Thursday."An in-court restructuring presents the most effective avenue through which to...

Crypto lender Genesis files for bankruptcy

Cryptocurrency lender Genesis has filed for Chapter 11 bankruptcy in the Southern District of New York.The firm has estimated liabilities of $1 billion to...

DCG Owned Media House CoinDesk Reportedly Eyeing Potential Sale

2 hours ago | 2 mins read Bitcoin News The media house has retained the services of the Lazard Group as...

Is Genesis’s Prepackaged Bankruptcy The Ultimate Sacrifice?

What Happened: Embattled crypto lender Genesis is negotiating with creditors on the terms of its Chapter 11 bankruptcy filing, sources told The Block on...

DCG’s crypto lender Genesis may file for bankruptcy, according to Bloomberg report

Crypto brokerage firm Genesis Global Capital, which is estimated to owe creditors US$3 billion, may file for bankruptcy as early as this week, Bloomberg...

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