Genesis
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Regulation
Bankrupt Genesis Global Launches $4,000,000,000 Crypto and Cash Payout to Creditors
A subsidiary of Barry Silbert’s Digital Currency Group (DCG) that collapsed during the last crypto winter has started repaying its…
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Regulation
Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever
The New York State Attorney General (AG) has brokered a $2 billion settlement with Genesis Global to help those defrauded…
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Regulation
Bankrupt Genesis Global Receives Court Approval for $3,000,000,000 Payout to Customers
A US bankruptcy court has just greenlighted the liquidation plan of crypto lender Genesis Global to return about $3 billion…
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Regulation
New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint
In a newly amended complaint, New York State Attorney General (AG) Letitia James alleges that investment giant Digital Currency Group…
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Regulation
NYAG raises DCG, Genesis lawsuit to $3B amid conflicting settlement reports
The New York Attorney General’s Office (NYAG) raised its fraud claims against Digital Currency Group (DCG) and related parties on…
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Regulation
Crypto Lender Genesis Agrees to $21 Million Civil Penalty To Settle Gemini Earn SEC Lawsuit: Report
Bankrupt crypto lender Genesis is reportedly agreeing to pay a $21 million civil fine to settle with the U.S. Securities…
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NFT
Bitcoin-Based Digital Art Image ‘Genesis Cat’ Sells for $254K in Sotheby’s Auction
“Genesis Cat,” a digital art image minted atop the Bitcoin blockchain’s Ordinals protocol by the Taproot Wizards team, has sold…
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XRP
Ripple CTO Provides Clarity On XRP Ledger’s Genesis Block Situation
David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of the payment firm Ripple Labs, has weighed in on several community…
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Regulation
Genesis Global Trading Ordered To Pay $8,000,000 Fine by New York Financial Regulator Over Compliance Violations
A New York financial regulator is ordering crypto firm Genesis Global Trading to pay an $8 million fine after it…
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