Genesis
- Crypto Exchanges
Crypto Exchange FTX and Genesis Agree on Preliminary Settlement in Bankruptcy Case
FTX, a crypto exchange facing bankruptcy, and Genesis, a crypto lending company also undergoing bankruptcy, have come to a tentative…
Read More » - Crypto Exchanges
FTX Pursues $4B in Funds from Bankrupt Lender Genesis in Legal Dispute
Cryptocurrency exchange FTX is attempting to retrieve approximately $4 billion from Genesis, a bankrupt crypto lender, and a solvent British…
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Kraken Under SEC Scrutiny for Potential Securities Violations
Reports indicate that the SEC is investigating San Francisco-based cryptocurrency exchange Kraken for potential securities law violations. According to Bloomberg,…
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Proposed Restructuring Plan to Ensure 80 Percent Recovery for Genesis Creditors
A creditor of Genesis has announced that the proposed restructuring plan between Genesis, Digital Currency Group, and creditors would result…
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Crypto Lender Genesis Files for Bankruptcy
Genesis, a lender for digital currencies, has filed for bankruptcy protection under Chapter 11 in the Southern District of New…
Read More » - Global News
Bybit is on a Layoff Spree, Gemini Fights to Recover $900M from Genesis, and Genesis Loans Fly
Just when you think the FTX crash domino effect is over, more drama hits hard. With Bybit laying off 30%…
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Genesis Reaches out to Binance for Help, Giant Exchange Refuses
After announcing via Twitter that it has made the difficult decision to temporarily suspend redemptions and new loan originations, Genesis,…
Read More » - Crypto Exchanges
Bankruptcy Filing: FTX Owes Over $3 Billion to Its 50 Largest Creditors
Bankrupt cryptocurrency exchange FTX said it owes $3.1 billion to its top 50 creditors, according to documents filed Saturday in…
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Crypto Lender Genesis Had Sought Emergency Loan of $1 Billion From Investors
After taking the decision to temporarily suspend redemptions and new loan originations, it appears that Genesis sought an emergency loan…
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Genesis to Temporarily Suspend Redemptions and New Loan Originations
Genesis, a global leader in institutional digital asset trading, lending, derivatives, custody and prime brokerage services, announced via Twitter that…
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