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NY AG Issues Warning for Crypto Companies
Warning comes after NYAG's recent settlement with embattled lender Genesis дальше »
2024-5-26 13:06
Genesis to return $3B to customers after court approves bankruptcy plan
Genesis Global gets court approval to repay $3 billion to customers. Judge Sean Lane overruled an objection from Genesis parent company Digital Currency Group. DCG argued payments to be in US value of assets as of bankruptcy filing in January 2023. дальше »
2024-5-20 12:58
Genesis Global gets court approval to distribute billions to creditors, DCG challenge gets rejected
Genesis Global, the digital assets lender that went bankrupt last year, received court approval to pay billions in cash and crypto to creditors. The judge also rejected a legal challenge from Genesis Global's parent company, DCG. дальше »
2024-5-18 18:30
Judge Approves Genesis Global’s $3 Billion Customer Repayment Plan
The Court approval for Genesis chapter 11 excludes any recovery for its parent company, Digital Currency Group (DCG), which lacks legal standing to challenge the plan. The post Judge Approves Genesis Global’s $3 Billion Customer Repayment Plan appeared first on BeInCrypto. дальше »
2024-5-18 13:04
Genesis Global secures court approval for $3B payout
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake. дальше »
2024-5-18 10:43
Slash Vision Labs Unveils SVL Alpha-Base: A New Gateway to Exclusive Alpha Opportunities
Tokyo, Japan, May 8th, 2024, Chainwire Slash Vision Labs is thrilled to introduce SVL Alpha-Base (’Alpha-Base’), an innovative addition to the SVL Portal tailored to offer SVL token stakers exclusive alpha opportunities from our esteemed partner projects. дальше »
2024-5-8 11:03
Veyond Metaverse Launches XR 5D Digital Surgery with Apple Vision Pro
Veyond Metaverse integrates Apple Vision Pro into its XR 5D Digital Surgery platform, revolutionizing anatomy education and remote surgeries. The post Veyond Metaverse Launches XR 5D Digital Surgery with Apple Vision Pro appeared first on NFT News Today. дальше »
2024-4-18 17:46
BlockDAG April 2024 Surge – Best Crypto Analysis vs. Arbitrum and RON,
BlockDAG Leads The Decentralized Cryptos In 2024: A Comparative Analysis With Arbitrum and Ronin BlockDAG is a pivotal player in the rapidly expanding universe of decentralised cryptocurrencies. With an ambitious vision, it challenges the traditional constraints of scalability and security and carves a new path for future technologies. Amidst fluctuating […] дальше »
2024-3-24 19:40
Genesis Faces $21 Million Penalty As SEC Charges Are Settled
Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlement with the US Securities and Exchange Commission (SEC). дальше »
2024-3-19 23:00
Genesis agrees to pay $21m penalty to settle SEC charges
Genesis Global Capital will pay a $21 million fine and enter a permanent injunction to resolve the SEC’s allegations. Genesis will seek an injunction alleging that it offered and sold securities without proper registration, according to a March 19 SEC… дальше »
2024-3-19 16:41
Gemini and Genesis Can Be Sued by SEC Over Defunct Earn Product, Judge Rules
A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing. дальше »
2024-3-14 22:40
ZTX Unveils Genesis Homes for Metaverse Real Estate
ZTX introduces Genesis Homes in its metaverse, blending NFTs with digital real estate to offer unique living experiences. The post ZTX Unveils Genesis Homes for Metaverse Real Estate appeared first on NFT News Today. дальше »
2024-3-4 20:12
DCG files objection in bankruptcy court, calls out Genesis’ settlement subversive
Digital Currency Group (DCG) opposes the settlement between the New York Attorney General and Genesis. DCG filed a new application following an agreement with the prosecutor and Genesis, a bankrupt crypto lender that was one of DCG’s companies. Company executives… дальше »
2024-2-23 13:36
DCG Calls Out Subsidiary Genesis' Settlement With New York as 'Subversive'
Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses. дальше »
2024-2-22 01:48
Genesis granted court permission to sell $1.6b Grayscale GBTC shares
Grayscale’s GBTC may experience new sell pressure and outflows following a ruling in the Genesis bankruptcy case on Feb. 14. дальше »
2024-2-15 22:41
Next Bitcoin Crash? Insight On Genesis’ $1.5 Billion GBTC Sale
The crypto community has been abuzz with discussions surrounding Genesis’ intent to sell approximately 36 million shares of Grayscale Bitcoin Trust (GBTC), a move valued around $1.5 billion. This announcement stoked fears of a potential market downturn, reminiscent of the apprehensions following the FTX bankruptcy estate’s sale of over $1 billion worth of GBTC. However, a […] дальше »
2024-2-14 14:30
$1.6 Billion Crypto Sale Sought by Genesis Capital
Genesis Global Capital has initiated crucial step in its bankruptcy recovery process дальше »
2024-2-4 16:06
Victoria VR Set to Launch First Web3 Metaverse on Apple Vision Pro
Victoria VR launches the first metaverse app on Apple Vision Pro, bringing ultra-realistic virtual experiences with web3 integration. The post Victoria VR Set to Launch First Web3 Metaverse on Apple Vision Pro appeared first on NFT News Today. дальше »
2024-2-3 20:06
Genesis Agrees to Multi-Million Dollar Settlement with United States Regulator
Get insights into the $21 million settlement between Genesis and the SEC, addressing allegations concerning the Gemini Earn program. The post Genesis Agrees to Multi-Million Dollar Settlement with United States Regulator appeared first on BeInCrypto. дальше »
2024-2-2 05:11
Genesis vs. Gemini: New Twist in Cryptocurrency Controversy
Genesis Global Capital sues Gemini Trust for $689 million, alleging preferential transfers amid broader crypto disputes дальше »
2023-11-24 17:00
Genesis sues Gemini, seeking nearly $690m in ‘preferential transfers’
Genesis says the Winklevoss-founded crypto exchange benefited at the expense of Genesis’ creditors when it withdrew the money at the beginning of the crypto winter. Genesis Global Capital, a crypto brokerage firm owned by Digital Currency Group (DCG), is seeking… дальше »
2023-11-22 11:42
Bankrupt crypto lender Genesis sues Gemini to recover $689M of ‘preferential transfers’
Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.” дальше »
2023-11-22 11:00
Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M
Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million. дальше »
2023-11-22 10:34
Nike and RTFKT Announce Dunk Genesis Sneakers Presale
Discover the Nike x RTFKT Dunk Genesis sneaker collaboration featuring futuristic design, customization options, and NFC chips for digital-physical links. The post Nike and RTFKT Announce Dunk Genesis Sneakers Presale appeared first on NFT News Today. дальше »
2023-11-21 03:12
US Presidential Candidate Vivek Outlines Pro-Crypto Policy Vision
Presidential candidate Vivek unveils a policy vision to liberate crypto innovation, make rules clear, and enable financial independence. дальше »
2023-11-17 00:16
ApeFest attendees report ‘extreme pain’ and vision problems after event
Several attendees of Yuga Labs’ ApeFest event in Hong Kong reported eye pain and vision loss, claiming they were exposed to improper lighting. дальше »
2023-11-6 04:42
Gemini Files $1.6 Billion Lawsuit Against Genesis for GBTC Shares
New York-based cryptocurrency exchange Gemini has officially initiated legal action against Digital Currency Group’s (DCG) Genesis Global in the Southern District of New York Bankruptcy Court. дальше »
2023-11-4 15:23
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B
Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims. дальше »
2023-10-27 23:29
Gemini sues Genesis over $1.6B worth of Grayscale Bitcoin Trust shares originally posted as collateral
Gemini Trust Co. filed suit against troubled digital asset lender Genesis Global Capital on Oct. 27, seeking to recover $1. 6 billion in collateral for Gemini customers trapped when Genesis halted withdrawals in November. дальше »
2023-10-27 20:30
XETA Genesis yields millions via advanced high frequency trading algorithms
London, United Kingdom, October 26th, 2023, Chainwire XETA Genesis is a DeFi platform that has been delivering monthly returns of up to 20% to investors in a year. XETA Genesis was launched as XETA Capital in July 2022, under the leadership of Gavin Minty and the X user known as @Shotime2kX. дальше »
2023-10-26 20:18
DeFi Platform XETA Genesis Yields Millions Through Advanced High-Frequency Trading Algorithms
XETA Genesis, a DeFi platform is offering up to 20% monthly returns through its Genesis accounts and pools. Since its launch in July 2022, XETA Genesis has been using high-frequency trading algorithms across a diverse spectrum of financial markets including gold futures, forex, gold EFTs, and other precious metals to ensure consistence performance. By leveraging […] дальше »
2023-10-27 11:43
Genesis moves for early bankruptcy payouts as NYAG suit applies pressure
A recent lawsuit initiated by the New York Attorney General’s Office (NYAG) could impact Genesis’ bankruptcy process, according to a Oct. 24 report from Reuters. Genesis plans to propose a “no deal” bankruptcy plan in response to actions taken by the NYAG, in which, instead of waiting for the lawsuit’s outcome, it would distribute available […] The post Genesis moves for early bankruptcy payouts as NYAG suit applies pressure appeared first on CryptoSlate. дальше »
2023-10-26 00:20
Genesis bankruptcy plan revised for orderly wind down and asset liquidation
Crypto lender Genesis Global Capital filed an amended Chapter 11 bankruptcy plan on Wednesday, Oct. 25, to resolve outstanding claims and interests of creditors. The amended plan results from extensive negotiations between Genesis, the Official Committee of Unsecured Creditors, crypto exchange Gemini, and the Ad Hoc Group of Genesis Lenders. дальше »
2023-10-25 10:48
DCG announces 23% Q3 revenue jump and Genesis repayments amid legal hurdles
Digital Currency Group reports a 23 percent rise in Q3 revenue to $188 million and reports notable repayments to bankrupt crypto lender Genesis. дальше »
2023-10-25 22:10
New York Attorney General Files Lawsuit Against Gemini, Genesis, DCG For Alleged Billion-Dollar Fraud
The New York Attorney General’s office lodged a suit against Winklevoss-owned crypto exchange Gemini, cryptocurrency lending company Genesis, and crypto investment firm DCG earlier today. The suit also includes allegations against Soichiro Michael Moro, the former CEO of Genesis, and Barry E. дальше »
2023-10-22 21:24
Gemini, Genesis, DCG Sued by New York AG for Allegedly Defrauding Investors of $1B
The lawsuit alleges that Gemini knew Genesis’ loans were undersecured and at one point highly concentrated with one entity, Sam Bankman-Fried’s Alameda, but did not reveal this information to investors. дальше »
2023-10-20 14:17
Artfi attracts 25,000 collectors ahead of official launch
Art technology firm Artfi has drawn over 25,000 interested collectors with the release of its Genesis Pass Whitelist in anticipation of its official launch. Genesis Pass NFT holders will gain eligibility to acquire fractionalized art from the Artfi platform. дальше »
2023-10-17 02:43
Court orders Genesis to produce subpoenaed documents in Terraform Labs case
Genesis and its associated companies were ordered by a judge to produce documents on Oct. 13, as part of a securities case initiated by the U. S. Securities and Exchange Commission (SEC) against Terraform Labs. дальше »
2023-10-17 00:20
Genesis ordered to comply with subpoena in TerraUSD collapse case
New York district judge orders crypto lender Genesis to produce documents related to the collapse of algorithmic stablecoin TerraUSD. дальше »
2023-10-17 23:47
Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena
The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9. дальше »
2023-10-16 22:59
Bitcoin (BTC) Holding Steady as Genesis Blocks Withdrawals
Cryptocurrency broker Genesis has once again suspended withdrawals amid ongoing challenges дальше »
2023-10-12 20:38
Bankruptcy judge approves $175 Million settlement between FTX and Genesis Global Trading
Following the court’s decision, Genesis debtors have gained authorization to execute the settlement agreement, which entails the payment of $175 million to FTX. дальше »
2023-10-13 20:01
Genesis Halts Withdrawals After Court Orders to Pay $175M to FTX
Genesis Global Trading navigates through legal storms, settling a $175 million lawsuit with FTX, while pausing customer withdrawals, unveiling the intricate fiscal maneuvers within the crypto industry. дальше »