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Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved

Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly MovedIn recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted a noteworthy event: an individual who took part in the Ethereum initial […]

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

Crypto Lender Genesis Agrees to $21 Million SEC Fine, Funds to Await Bankruptcy Claim Settlements

Crypto Lender Genesis Agrees to  Million SEC Fine, Funds to Await Bankruptcy Claim SettlementsGenesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of all other allowed claims by the bankruptcy court, including claims by retail investors in […]

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

Email Shows Digital Currency Group and Gemini Explored Merger Before Genesis Bankruptcy

Email Shows Digital Currency Group and Gemini Explored Merger Before Genesis BankruptcyIn an email found within the motion by Digital Currency Group (DCG) and Barry Silbert to dismiss the lawsuit initiated by the New York Attorney General, discussions of a potential merger between Gemini and Genesis were revealed before Genesis ultimately opted to declare bankruptcy. “Combined Gemini and Genesis would be a juggernaut and would be […]

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares

Report: Genesis Global Cleared to Unload .3 Billion in GBTC SharesGenesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to Bloomberg, Genesis Global Holdco LLC secured Judge Sean Lane’s approval to liquidate its GBTC investments, currently estimated at $1.3 billion. The request […]

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint

New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint

In a newly amended complaint, New York State Attorney General (AG) Letitia James alleges that investment giant Digital Currency Group (DCG) and its affiliate Genesis defrauded some 230,000 investors out of more than $3 billion. James first launched the lawsuit in October 2023, alleging that DCG, the crypto exchange Gemini and the bankrupt lending firm […]

The post New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint appeared first on The Daily Hodl.

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

Crypto Lender Genesis Agrees to $21 Million Civil Penalty To Settle Gemini Earn SEC Lawsuit: Report

Crypto Lender Genesis Agrees to  Million Civil Penalty To Settle Gemini Earn SEC Lawsuit: Report

Bankrupt crypto lender Genesis is reportedly agreeing to pay a $21 million civil fine to settle with the U.S. Securities and Exchange Commission (SEC) over the now-defunct Gemini Earn program. According to a new report by Reuters, the settlement will allow Genesis to focus on repaying customers and creditors instead of having to defend itself […]

The post Crypto Lender Genesis Agrees to $21 Million Civil Penalty To Settle Gemini Earn SEC Lawsuit: Report appeared first on The Daily Hodl.

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

Genesis Global Trading Ordered To Pay $8,000,000 Fine by New York Financial Regulator Over Compliance Violations

Genesis Global Trading Ordered To Pay ,000,000 Fine by New York Financial Regulator Over Compliance Violations

A New York financial regulator is ordering crypto firm Genesis Global Trading to pay an $8 million fine after it was found to be in violation of the law. In a new press release, the New York State Department of Financial Services (DFS) says that the crypto trading branch of the Digital Currency Group (DCG) […]

The post Genesis Global Trading Ordered To Pay $8,000,000 Fine by New York Financial Regulator Over Compliance Violations appeared first on The Daily Hodl.

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

Digital Currency Group Has Paid Off $1,000,000,000 in Short-Term Debt, Says CEO Barry Silbert

Digital Currency Group Has Paid Off ,000,000,000 in Short-Term Debt, Says CEO Barry Silbert

Digital Currency Group (DCG) CEO Barry Silbert says the venture capital firm has settled over $1 billion in debt, including the nearly $700 million owed to its bankrupt subsidiary Genesis.  In September, Genesis filed a lawsuit to recover around $627 million in loans owed to it by DCG and its affiliate DCG International Investments (DCIG) […]

The post Digital Currency Group Has Paid Off $1,000,000,000 in Short-Term Debt, Says CEO Barry Silbert appeared first on The Daily Hodl.

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

Digital Currency Group and Genesis Global Reach Bankruptcy Agreement: Court Docs

Digital Currency Group and Genesis Global Reach Bankruptcy Agreement: Court Docs

Venture capital firm Digital Currency Group (DCG) and its bankrupt subsidiary Genesis Global have struck a new agreement to settle an ongoing legal battle. A new filing with the US Bankruptcy Court for the Southern District of New York says that in September, Genesis filed a lawsuit to recover approximately $627 million in loans owed […]

The post Digital Currency Group and Genesis Global Reach Bankruptcy Agreement: Court Docs appeared first on The Daily Hodl.

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison