DCG CEO Silbert addresses $1.1b note in his letter to investors

2023-1-11 11:41

As the pressure continues to rise on Digital Currency Group (DCG), the US-based company’s CEO, Barry Silbert, says in a letter that DCG may not need to pay the $1.1 billion promissory note. According to the letter, the massive amount…

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Источник: btcmanager.com

letter dcg → Результатов: 8

Gemini Accuses DCG of Being Behind Genesis’ Woes

Gemini’s co-founder Cameron Winklevoss wrote an open letter Tuesday accusing Barry Silbert, CEO of DCG, the parent company of Genesis trading, of causing the latter’s collapse. Genesis Global Trading temporarily suspended withdrawals in November due to liquidity issues resulting from the demise of FTX.

2023-1-4 17:00	Ethereum News
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DCG Drama Recap: Winklevoss Letter, Grayscale Troubles, Class-Action Arbitration

Barry Silberts woes continue as Cameron Winklevoss ratchets up the pressure, Gemini Earn customers file for class-action arbitration, and Grayscales Ethereum Trust trades at its lowest discount ever. New Year,...

2023-1-4 20:16	winklevoss
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Cameron Winklevoss shares letter to Barry Silbert with public

Gemini co-founder Cameron Winklevoss has issued a public letter on Twitter to address Barry Silbert, the founder of DCG.

2023-1-3 20:48	winklevoss
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"Crypto King” Barry Silbert Hits Back at Cameron Winklevoss

Silbert's response follows up on an open letter written by Winklesvoss in which he accuses DCG of engaging in “bad faith stall tactics” with regard to the $900 million owed to Earn users

2023-1-3 19:51
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In a letter to shareholders, DCG CEO Barry Silbert addresses their concerns

Amidst the post-FTX collapse contagion, the Digital Currency Group (DCG) CEO, in a November 22nd letter, addresses shareholders' concerns.

2022-11-24 04:30
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DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders

The crypto contagion sparked by the downfall of FTX seems to have found its latest victim- Genesis Global Capital. However, the trouble isn’t limited to the New Jersey-based crypto lender. MarkeThe post DCG CEO Barry Silbert addresses investors’ concerns in a letter to shareholders appeared first on AMBCrypto.

2022-11-23 20:00	News
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Digital Currency Group Reveals $2B in Liabilities, Including Debt to Its Own Subsidiary

Digital Currency Group (DCG) currently has $2 billion worth of loans according to a letter sent to shareholders today. DCG Outlines Lending Situation In a shareholder letter sent to investors...

2022-11-23 02:30	genesis
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CEO of Dash Core Group discusses SEC’s ‘no-action letter’ and PrivateTransaction development

CEO of Dash Core Group discusses SEC’s ‘no-action letter’ and PrivateTransaction development 2019 has witnessed a series of announcements from the Dash Core Group community. DCG first revealed that they were planning a testnet release in December for Dash Platform, also termed as Evolution.

2019-8-13 23:00	Trading View
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Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday.

Crypto exchange Gemini planned public debute via Genesis merger, court documents show

Winklevoss’ crypto exchange Gemini was exploring an option to merge with crypto broker Genesis to compete with Coinbase and FTX. In October 2022, just a month before FTX filed for bankruptcy, Gemini co-founder Cameron Winklevoss discussed at a lunch with…

Gemini strikes deal to return all assets ‘in kind’ to Earn users instead of historic dollar equivalent

Crypto exchange Gemini said Earn users would receive “100% of their digital assets back in kind” following an in-principle agreement with bankrupt Genesis and other creditors of the failed lender, according to a Feb.

Bitcoin eyes six-month winning streak amid $300 million in BTC liquidations

Quick Take In a wild 24-hour ride, Bitcoin’s value underwent a rollercoaster of fluctuations, skyrocketing to a peak of $64,000, subsequently plunging to $59,000, before making a recovery to above $60,000.

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…

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 […]

Genesis, Digital Currency Group reach agreement on new settlement plan

Genesis Global and its parent company, Digital Currency Group (DCG), are closing in on a settlement agreement, according to a Nov. 28 court filing. The filing includes an amended settlement plan that both companies have agreed on and urged other stakeholders to vote in favor.

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2023-1-11 11:41

letter dcg → Результатов: 8

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