DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini

In the midst of the financial dispute between crypto exchange Gemini and Digital Currency Group (DCG), Gemini has alleged that DCG failed to make a payment of around $630 million that was due last week. In response, Gemini has stated that it may extend “forbearance” to DCG in order to prevent a default. DCG’s Alleged [...]

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DCG Denies Involvement In Genesis Capital Bankruptcy Filing

In a bombshell announcement, Genesis Capital, a Digital Currency Group (DCG) subsidiary, filed for Chapter 11 bankruptcy protection in the Southern District of New York on January 19th. The news sent shockwaves through the financial industry, with many scrambling to understand the implications of this move. However, in a swift response to the news, DCG […]

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Genesis Global Capital Halts Bitcoin, Crypto Withdrawals

Following the implosion of FTX and the locking up of over $175 million, Genesis’s lending arm faces a liquidity crisis and is actively seeking new capital.

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DCG Challenges Genesis Capital's Bankruptcy Plan for Overcompensation

DCG opposes Genesis Global Capital's bankruptcy plan, citing legal violations and ethical concerns over asset valuation and creditor compensation in the volatile crypto market. (Read More)

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