Digital Currency Group

DCG Will Have a Headache For Many Years To Come: Lumida CEO
DCG Will Have a Headache For Many Years To Come: Lumida CEO
Digital Currency Group (DCG) intends to sell its subsidiary Genesis' crypto trading business as well as its lending arm, which is restructuring through bankruptcy, a Genesis a...
DCG Will Have a Headache For Many Years To Come: Lumida CEO

DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
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. Lumida CEO and co-founder Ram Ahluwalia discusses the potential...
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy

DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times
DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times
Digital Currency Group (DCG) started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount, according...
DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times

Bankrupt Crypto Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors
Bankrupt Crypto Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors
Crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the f...
Bankrupt Crypto Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors

Binance to Pause US Dollar Bank Transfers This Week; Genesis, DCG Reach Initial Agreement With Main Creditors: Source
Binance to Pause US Dollar Bank Transfers This Week; Genesis, DCG Reach Initial Agreement With Main Creditors: Source
Crypto exchange Binance is temporarily suspending U.S. dollar bank transfers starting on Wednesday. Binance's U.S. division, Binance.US, is not affected by the suspension, acc...
Binance to Pause US Dollar Bank Transfers This Week; Genesis, DCG Reach Initial Agreement With Main Creditors: Source

Grayscale Exec on GBTC Outlook
Grayscale Exec on GBTC Outlook
Grayscale Investments Chief Legal Officer Craig Salm discusses the Grayscale Bitcoin Trust (GBTC) as its discount continues to hover in the 40% range. Plus, reactions to Valky...
Grayscale Exec on GBTC Outlook

Grayscale Exec on Appeal of SEC's Decision on Bitcoin ETF
Grayscale Exec on Appeal of SEC's Decision on Bitcoin ETF
The District of Columbia Court of Appeals has set a date to begin hearing oral arguments in Grayscale Investment’s appeal of the SEC's decision to deny the conversion of the G...
Grayscale Exec on Appeal of SEC's Decision on Bitcoin ETF

First Hearing in Genesis Bankruptcy Case
First Hearing in Genesis Bankruptcy Case
Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection after being pummeled by two...
First Hearing in Genesis Bankruptcy Case

Cameron Winklevoss Threatens to Sue DCG After Genesis Files for Bankruptcy
Cameron Winklevoss Threatens to Sue DCG After Genesis Files for Bankruptcy
"The Hash" panel reacts to Gemini CEO Cameron Winklevoss threatening legal action against Digital Currency Group CEO Barry Silbert and DCG over the repayment of a $900 million...
Cameron Winklevoss Threatens to Sue DCG After Genesis Files for Bankruptcy

(Genesis Trading, modified by CoinDesk)
Genesis' Crypto Lending Businesses File for Bankruptcy Protection
The collapse of FTX in late 2022 was the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to...
(Genesis Trading, modified by CoinDesk)