Genesis

A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)
Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says
The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal with parent company DCG.
A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)

Digital Currency Group CEO Barry Silbert asked Sam Bankman-Fried for help, SBF testified Friday (DCG)
Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial
The crypto mogul served as a white knight for other struggling companies, though, before his empire fell, too.
Digital Currency Group CEO Barry Silbert asked Sam Bankman-Fried for help, SBF testified Friday (DCG)

Gemini sues Genesis for $1.6 billion GBTC shares (Spencer Wing/Pixabay)
Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC
Gemini has filed a lawsuit against Genesis over 60 million GBTC shares that were pledged as collateral.
Gemini sues Genesis for $1.6 billion GBTC shares (Spencer Wing/Pixabay)

Terraform Labs co-founder Do Kwon (CoinDesk TV)
Genesis Ordered to Comply With Terra Subpoena Within 5 Days
The crypto lender and trading firm failed to comply with requests made as part of a probe into Do Kwon's collapsed stablecoin, a New York judge said
Terraform Labs co-founder Do Kwon (CoinDesk TV)

Cameron and Tyler Winklevoss (Shutterstock)
Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers
Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stab...
Cameron and Tyler Winklevoss (Shutterstock)

Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia)
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Under the plan, Gemini creditors would receive a “fraction” of the money they are owed, Gemini’s lawyers said.
Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia)

A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)
Genesis Has Ceased All Crypto Trading Services: Spokesperson
Company was hit hard by the collapses of Three Arrows Capital and FTX.
A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)

Digital Currency Group's Barry Silbert, right (Getty Images)
Beleaguered Gemini Earn Customers Will Be Made ‘Nearly Whole,’ DCG and Genesis Say About Remuneration Plan
A filing on Wednesday states that if the assorted creditor groups vote through the proposed deal, then “Gemini Earn users are estimated to recover approximately 95-110% of the...
Digital Currency Group's Barry Silbert, right (Getty Images)

A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)
Genesis to Shutter Crypto Trading Desk for U.S. Market
The subsidiary had escaped parent company Genesis Global's lending-induced bankruptcy.
A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)