Genesis

Barry Silbert's Digital Currency Group is objecting to the settlement that Genesis struck with the New York attorney general. (CoinDesk)
DCG Calls Out Subsidiary Genesis' Settlement With New York as 'Subversive'
DCG filed an objection in bankruptcy court to the deal its own subsidiary secured to end the New York attorney general's investigation of fraud and money laundering controls.
Barry Silbert's Digital Currency Group is objecting to the settlement that Genesis struck with the New York attorney general. (CoinDesk)

CEO Barry Silbert's Digital Currency Group is now accused by the New York Attorney General of a much heftier $3 billion in investor losses in a lawsuit amended Friday. (CoinDesk)
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
An initial lawsuit accusing crypto firm DCG of cheating people out of $1 billion has been amplified by investors coming forward with losses tripling that, the NY attorney gene...
CEO Barry Silbert's Digital Currency Group is now accused by the New York Attorney General of a much heftier $3 billion in investor losses in a lawsuit amended Friday. (CoinDesk)

Sale (Justin Lim/Unsplash)
Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings
Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF).
Sale (Justin Lim/Unsplash)

Genesis filed for bankruptcy in January 2023 (Richard Mortel/Flickr)
DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses.
Genesis filed for bankruptcy in January 2023 (Richard Mortel/Flickr)

Barry Silbert. CEO & Founder Digital Currency Group (DCG)
Genesis-DCG Propose to Settle Lawsuit: Bankruptcy Filing
DCG has paid about $227.3 million to Genesis so far and plans to pay another $275 million it owes by April.
Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Genesis (Spencer Wing/Pixabay)
Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M
Genesis and Gemini have been embroiled in a public and legal feud since the collapse of FTX.
Genesis (Spencer Wing/Pixabay)

GROK Token Interest Climbs; Former FTX Execs Will Reportedly Start New Crypto Exchange
GROK Token Interest Climbs; Former FTX Execs Will Reportedly Start New Crypto Exchange
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the interest behind a token inspired by Grok AI, an artificial intelligence se...
GROK Token Interest Climbs; Former FTX Execs Will Reportedly Start New Crypto Exchange

Genesis' bankruptcy plans are being opposed by Gemini and others (Spencer Wing/Pixabay)
Genesis, Three Arrows Capital Reach Agreement on $1B of Claims
The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to the defunct hedge fund, 3AC.
Genesis' bankruptcy plans are being opposed by Gemini and others (Spencer Wing/Pixabay)

Two Genesis Creditors Describe Their Frustrations With the Bankrupt Crypto Lender
Two Genesis Creditors Describe Their Frustrations With the Bankrupt Crypto Lender
In this week's episode of Unchained, two Genesis creditors discuss their dealings with the lender and DCG, including the sales pitch that got them to give Genesis new loans af...
Two Genesis Creditors Describe Their Frustrations With the Bankrupt Crypto Lender

Unchained Wide
Two Genesis Creditors Describe Their Frustrations With the Bankrupt Crypto Lender
In a rare interview, two Genesis creditors discuss their dealings with the lender and DCG, including the sales pitch that got them to give Genesis new loans after the 3AC deba...
Unchained Wide