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Tag: forbearance

Genesis And DCG Strike Repayment Deal

The legal battle between Genesis and its parent company, DCG – which also owns multiple other crypto-related ventures, seems to be coming to...

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Gemini’s Winklevoss Demands $1.46B Settlement from DCG In EARN Product Tussle

Advertisement &nbsp &nbsp Gemini has escalated its conflict with Digital Currency Group (DCG) after approximately seven months since Genesis Global Trading, DCG’s lending arm,...

Cameron Winklevoss Threatens to Sue DCG and Barry Silbert Over Delays in Genesis Resolution

Gemini cofounder Cameron Winklevoss took aim at DCG’s Barry Silbert in a second open letter shared on Twitter, accusing him of committing fraud...

Gemini’s Cameron Winklevoss Tweets $1.5B ‘Final Offer’ in Debt Talks Over Crypto Firm Genesis

Cameron Winklevoss, co-founder of the Gemini crypto exchange, tweeted what he described as a "final offer" in the debt-restructuring talks over the bankrupt digital-asset...

DCG Announces Shut Down of Brokerage Division TradeBlock

10 mins ago | 2 mins read Bitcoin News TradeBlock will reportedly begin...

Gemini Says DCG Missed $630M Genesis Loan Payment – Decrypt

Crypto exchange Gemini said Digital Currency Group (DCG) of missing out on a $630 million payment that was due last week.The payment relates to...

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...

Breaking: Crypto Giant Genesis To File For Bankruptcy As Early As This Week

In light of the current shortage of liquid assets–Genesis Global–the crypto lending division of Digital Currency Group (DCG) has been engaged in private...

Genesis Bankruptcy Filing Imminent as Creditor Negotiations Stall: Reports

Crypto lender Genesis, a wholly owned subsidiary of Digital Currency Group (DCG), is on the verge of filing bankruptcy after negotiations between the troubled...

Argentina’s government would ‘discourage’ crypto usage under proposed IMF deal

Argentina’s government has signaled it will discourage the use of cryptocurrencies as part of a nearly $45 billion debt restructuring deal with the International Monetary Fund (IMF), which is under debate in the country's Senate.

The post Argentina’s government would ‘discourage’ crypto usage under proposed IMF deal appeared first on The Block.

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