dcg

Marcus Swanepoel, founder and CEO of Luno
Crypto Exchange Luno Rejiggers Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.
Marcus Swanepoel, founder and CEO of Luno

bank-vault
Santander, HSBC, Deutsche Bank, Others Still Willing to Serve Crypto Clients After Banking Failures, DCG Says
Major banks are still willing to work with crypto firms, though they may restrict services, according to messages from DCG viewed by CoinDesk.
bank-vault

Grayscale CEO Michael Sonnenshein
Alameda Sues Grayscale and DCG to Allow Redemptions, Reduce Fees
The bankrupt trading firm is seeking injunctive relief to allow FTX debtors to realize what it claims is more than $250 million in asset value.
Grayscale CEO Michael Sonnenshein

CDCROP: Protego Trust Bank CEO Ron Totaro (Protego Bank)
Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
Some employees are still in place and the firm’s operations are ready to launch, but money is a problem, said a person familiar with the situation.
CDCROP: Protego Trust Bank CEO Ron Totaro (Protego Bank)

Barry Silbert. CEO & Founder Digital Currency Group (DCG)
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million.
Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)
Grayscale’s GBTC Discount Widens to Near-Record High
Shares of the bitcoin trust are selling at a 47% discount to its net asset value. The discount has been increasing over the past week.
Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)

A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms.
A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)

CDCROP: Barry Silbert. CEO & Founder Digital Currency Group (DCG)
DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times
Grayscale operates the Grayscale Bitcoin Trust (GBTC), which has $10 billion-plus in assets under management.
CDCROP: Barry Silbert. CEO & Founder Digital Currency Group (DCG)

CDCROP: Barry Silbert. CEO & Founder Digital Currency Group (DCG)
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
Earlier Monday, CoinDesk reported that DCG and Genesis had reached an agreement with a key group of creditors.
CDCROP: Barry Silbert. CEO & Founder Digital Currency Group (DCG)

(A Mokhtari/Getty Images, modified by CoinDesk)
Would a Genesis/DCG Deal With Creditors End the Crypto Contagion?
According to sources, an in-principle agreement has been reached.
(A Mokhtari/Getty Images, modified by CoinDesk)