2024-5-18 10:43 |
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.
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DCG, parent company of insolvent Genesis, is proposing a creditor repayment plan, including that of Gemini Earn investors
2023-9-14 01:05 | |
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It has been proposed that Gemini Earn users might recover up to 110% of their claims against the now-bankrupt cryptocurrency lender, Genesis, according to a newly proposed creditor agreement plan filed by Digital Currency Group (DCG) on Sept.
2023-9-13 18:40 | |
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A filing on Tuesday states that if the assorted creditor groups vote through the proposed deal, then “Gemini Earn users are estimated to recover approximately 95-110% of their claims.”
2023-9-13 15:07 | |
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Gemini has disputed Digital Currency Group's proposed bankruptcy plan for crypto lender Genesis, claiming it lacks clarity, crucial information, and creditor support. The post Gemini Raises Concerns About Genesis Bankruptcy Plan appeared first on BeInCrypto.
2023-8-31 11:02 | |
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FTX and Genesis are bankrupt and have been trying to collect funds for creditors under court supervision. The agreement will resolve FTX’s claims against Genesis debtors and vice versa. Genesis is the largest unsecured creditor of FTX.
2023-7-28 12:19 | |
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Crypto lender Genesis Global Capital is FTX’s largest unsecured creditor, with $226 million in claims.
2023-7-28 06:48 | |
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Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy.
2023-4-25 16:57 | |
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The company wants to sell off its business after filing for bankruptcy on Jan. 19.
2023-3-17 13:07 | |
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The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor.
2023-2-9 23:15 | |
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FTX creditor list reveals shadow banks like Genesis whose influence on crypto prices is likely to grow weaker. The post Latest FTX Creditor List Could Spell the End of Crypto Shadow Banks appeared first on BeInCrypto.
2023-1-27 20:30 | |
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Two Washington, DC-area pensions invested $35 million in a VanEck fund listed as a Genesis creditor.
2023-1-21 19:26 | |
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Genesis Global Capital leads the revised list that un-redacted the names of several creditors.
2023-1-21 17:56 | |
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Genesis is reportedly laying the groundwork for a bankruptcy filing this week after failed creditor negotiations. The post New Report Reveals Genesis Could File For Bankruptcy This Week appeared first on BeInCrypto.
2023-1-19 23:47 | |
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Gemini creditor commission presented a plan to address the liquidity problems at Genesis and DCG.
2022-12-21 14:03 | |
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The Gemini creditor committee presented a plan to Genesis and DCG to resolve their liquidity issues Genesis and DCG owe $900 million to Gemini Gemini, as of 21 December, provided an updateThe post Can Gemini's Creditor Committee resolve the Genesis, DCG liquidity crisis appeared first on AMBCrypto.
2022-12-21 13:30 | |
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The creditor committee expects to hear from Genesis and DCG by the end of the week.
2022-12-21 07:01 | |
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The creditor committee expects to hear from Genesis and DCG by the end of the week.
2022-12-21 07:01 | |
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Winklevoss twins have created a committee of creditors to reclaim Gemini’s funds from DCG and Genesis, who reportedly owe the exchange about $900 million. Cameron Winklevoss has revealed that Gemini, the crypto exchange he co-founded with his brother Tyler in 2014, has…
2022-12-7 17:51 | |
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In addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers, CoinDesk has learned.
2022-12-5 01:17 | |
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The bankrupt 3AC owes $3. 5 billion to dozens of investors, as stated in a court paper. The Genesis OTC platform was the largest company creditor — $2. 36 billion. Interestingly, another major bankrupt company Voyager Digital is next on the list – $685 million.
2022-7-20 18:35 | |
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Обанкротившийся хедж-фонд Three Arrows Capital (3AC) задолжал $3,5 млрд десяткам инвесторов, следует из опубликованного судебного документа. Creditor claims pic. twitter. com/toacH54XM1 — db (@tier10k) July 18, 2022 Крупнейшим кредитором 3AC оказалось криптовалютная OTC-платформа Genesis с суммой $2,36 млрд.
2022-7-19 13:51 | |
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