Genesis Global Capital Inc. has joined the ranks of the FTX contagion victims. The crypto lender has filed for chapter 11 bankruptcy protection in the Manhattan federal court. It has been struggling…
Tag: Genesis
Genesis and Gemini: SEC Takes Action
US financial watchdog the SEC (Securities and Exchange Commission) has filed charges against crypto lending firms Gemini and Genesis. On 12 January, SEC sued the firms over their crypto lending product, Earn,…
Winklevoss Claims Genesis Owes Earn Investors
Cameron Winklevoss, co-founder of crypto exchange Gemini Trust Co with his twin brother, accused CEO of Digital Currency Group Barry Silbert of “bad faith stall tactics” on Monday and demanded that he…
Genesis Brokers Owes $900 Million to Gemini
The FTX collapse has left Genesis brokers in heavy debt, another example of the spreading contagion from the exchange collapse. According to a report by newspaper the Financial Times, the crypto broker…
Genesis crypto brokerage files $1.2B claim vs 3AC
It seems the crypto brokerage Genesis filed the claim against the bankrupt crypto hedge fund Three Arrows Capital (3AC) which allegedly owes it $1.2 billion. Genesis is not the only creditor who…
Genesis crypto brokerage files $1.2B claim vs 3AC
It seems the crypto brokerage Genesis filed the claim against the bankrupt crypto hedge fund Three Arrows Capital (3AC) which allegedly owes it $1.2 billion. Genesis is not the only creditor who…