Genesis Settles SEC Lawsuit: Agrees to $21 Million Civil Penalty for Gemini Earn Product
Genesis settles SEC lawsuit, paying $21 million for unregistered securities in Gemini Earn. Explore the implications and benefits of this ...
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Tag: Genesis
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Genesis Global Trading Surrenders BitLicense, Settles $8M Fine in NYDFS Lawsuit
Genesis Global Trading bows to NYDFS, relinquishing BitLicense and coughing up $8M in settlement. Allegations include AML and fraud charges. ...
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Genesis Sues Gemini for $689M in Bankruptcy Dispute Over ‘Preferential Transfers’
Genesis Global Capital sues Gemini in a high-stakes legal dispute to recover $689 million, alleging unfair preferential transfers before bankruptcy.
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DCG Strikes Landmark Deal with Genesis for Potential 90% Recoveries
DCG, a trailblazer in the crypto venture world, has outlined a potentially game-changing agreement with the creditors of its struggling ...
Read moreGemini Strikes Back: SEC Faces Legal Resistance Over Earn Product Allegations
Gemini is stepping up to challenge the SEC's lawsuit over its Earn Product. The crypto exchange, along with partner Genesis, ...
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Digital Currency Group’s Non-payment of $630m Debt Raises Alarm Over Crypto Industry Stability
DCG's failure to pay $630m debt raises questions about the stability of crypto firms in the wake of the FTX ...
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Weekly crypto recap: What you might have missed
There are a few developments that take place in the cryptocurrency ecosystem every week. Additionally, this week saw several noteworthy ...
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Analyst Explains Why Grayscale Bitcoin Trust Discount Fell by 50%
Amid the many recent developments surrounding the crypto markets that were significantly contributed to by 2022's bear market, in a ...
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DCG Violated Security Laws After Taking Over 3AC’s GBTC Shares
On the 23rd of January 2023, David Bailey, the CEO of UTXO Management, shared details of DCG violating securities law ...
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Genesis Global Files for Bankruptcy Here’s What it Means for Gemini
Genesis Global Holdco LLC, the parent business of Genesis Global Capital, has now filed for Chapter 11 bankruptcy after two ...
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Spot Bitcoin and Ethereum ETFs Draw $20B Since April, Outpacing All Other ETF Categories
Spot Bitcoin and Ethereum ETFs saw $20B in inflows since April, outperforming gold, commodities, and thematic funds amid investor risk...
Ethereum’s ‘Trustware’ Vision Could Propel ETH to $15.8K by 2028 Consensys
Consensys sees Ethereum evolving into global trustware, predicting ETH could reach $15.8K by 2028 as demand for secure onchain value...
US Justice Department and CFTC Close Polymarket Investigations
US regulators have reportedly ended their investigations into Polymarket, clearing a path for the betting platform’s upcoming $200M funding round.
China Considers Yuan-Pegged Stablecoins: State-Owned Firms Ordered to Study Feasibility
China instructs state-owned firms to explore yuan-pegged stablecoins, hinting at a softening stance as global stablecoin adoption rises.
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