Genesis Global Trading

NYDFS Superintendent Adrienne Harris (Stephen Lovekin/Shutterstock/CoinDesk)
Genesis Global Trading Pays $8M to Settle New York Lawsuit
The crypto lender also agreed to cease its business activities in New York and forfeit its BitLicense to settle anti-money laundering and fraud charges against it.
NYDFS Superintendent Adrienne Harris (Stephen Lovekin/Shutterstock/CoinDesk)

(Genesis Trading, Modified by CoinDesk)
Genesis Bankruptcy Parties Agree to 30-Day Mediation Period
The process can start once the parties agree on a mediator and submit an order to the U.S. bankruptcy court.
(Genesis Trading, Modified by CoinDesk)

Gemini Escalates Dispute with DCG's Genesis; Coinbase Shares Jump Following Layoff Announcement
Gemini Escalates Dispute with DCG's Genesis; Coinbase Shares Jump Following Layoff Announcement
Crypto exchange Gemini is ramping up its dispute with Digital Currency Group's (DCG) Genesis Global Trading – its partner on a crypto lending product pitched to smaller invest...
Gemini Escalates Dispute with DCG's Genesis; Coinbase Shares Jump Following Layoff Announcement

More Time Is Needed To Sort Out Finances, Genesis’ CEO Tells Clients
More Time Is Needed To Sort Out Finances, Genesis’ CEO Tells Clients
"The Hash" panel discusses the latest developments for Genesis Global Trading, as its interim CEO told clients it needs more time to sort out its tricky financial position. Th...
More Time Is Needed To Sort Out Finances, Genesis’ CEO Tells Clients

Genesis Creditors Hire Lawyers to Help Prevent Bankruptcy Filing: Bloomberg
Genesis Creditors Hire Lawyers to Help Prevent Bankruptcy Filing: Bloomberg
Genesis Global Trading's creditors have hired restructuring lawyers to help find a way prevent the crypto brokerage from having to file for bankruptcy, Bloomberg News reported...
Genesis Creditors Hire Lawyers to Help Prevent Bankruptcy Filing: Bloomberg

Coinbase Wallet has dropped support for four tokens, including bitcoin cash. (Unsplash)
First Mover Americas: Coinbase Wallet Ditches 4 Tokens
The latest price moves in crypto markets in context for Nov. 30, 2022.
Coinbase Wallet has dropped support for four tokens, including bitcoin cash. (Unsplash)

CoinFund President on FTX Contagion Fears
CoinFund President on FTX Contagion Fears
According to a Bloomberg report, Genesis Global Trading is in talks with potential investors for at least $1 billion in fresh capital. CoinFund President Chris Perkins discuss...
CoinFund President on FTX Contagion Fears

CoinFund President on FTX Contagion Concerns, Bailout Speculation
CoinFund President on FTX Contagion Concerns, Bailout Speculation
"We're not expecting any bailouts here," CoinFund President Chris Perkins says on the continued contagion spreading throughout the crypto industry this year. Perkins, who was...
CoinFund President on FTX Contagion Concerns, Bailout Speculation

Temasek to Write Off up to $300M Invested in FTX; House Committee to Hold Hearing on FTX Collapse
Temasek to Write Off up to $300M Invested in FTX; House Committee to Hold Hearing on FTX Collapse
Genesis Global Trading's lending arm is temporarily suspending redemptions and new loan originations. Singapore's state investment fund Temasek is preparing to write off betwe...
Temasek to Write Off up to $300M Invested in FTX; House Committee to Hold Hearing on FTX Collapse

Genesis’ Crypto-Lending Unit Pauses Customer Withdrawals Amid FTX Collapse
Genesis’ Crypto-Lending Unit Pauses Customer Withdrawals Amid FTX Collapse
The lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse, Interim CEO Der...
Genesis’ Crypto-Lending Unit Pauses Customer Withdrawals Amid FTX Collapse