The Fall of Genesis: A Wake-up Call for the Crypto Industry

2023-1-23 23:15

The crypto industry has received a significant blow as Genesis, a prominent cryptocurrency lender, filed for bankruptcy. The SEC charges Genesis for illegal crypto sales. Genesis is a part of the DCG conglomerate of 200+ crypto-focused businesses.

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Genesis Vision (GVT) на Currencies.ru

$ 0 (+0.00%)
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genesis crypto industry businesses sales illegal charges

Источник: beincrypto.com

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Crypto Conglomerate DCG Under Investigation By U.S. Authorities

Digital Currency Group, better known as DCG, is currently under investigation by U.S. authorities.  According to a report by Bloomberg, U.S. prosecutors in New York – specifically, the city of  Brooklyn  – are assessing the internal transfers between the multibillion-dollar crypto conglomerate and its crypto lending arm, Genesis Global Capital. The crypto lending company has […]

2023-1-9 16:08


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