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Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

Report: Genesis Owes Gemini Customers 0 Million, Exchange Is Attempting to Recoup AssetsAccording to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Report Claims Genesis Owes the Winklevoss-Operated Exchange Gemini $900 Million FT reports that the centralized […]

Michael Saylor’s ‘No Second Best’ Holds Strong as BTC Outpaces Hypothetical ETH Investment 

Report: State Securities Regulators Probe Crypto Lender Genesis

Report: State Securities Regulators Probe Crypto Lender GenesisState securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have violated securities laws without filing the proper registrations. Report Says Financial Regulators Are Investigating […]

Michael Saylor’s ‘No Second Best’ Holds Strong as BTC Outpaces Hypothetical ETH Investment 

A Committee of Celsius Creditors Objects to Celsius Selling Its Stablecoin Cache

A Committee of Celsius Creditors Objects to Celsius Selling Its Stablecoin CacheA committee of unsecured creditors stemming from the Celsius bankruptcy case has filed a motion with the court to stop the now-defunct crypto lender from selling the company’s stablecoin holdings. The written protest by the group of creditors against the sale follows objections from a slew of securities regulators filed on Sept. 29. Creditors Object […]

Michael Saylor’s ‘No Second Best’ Holds Strong as BTC Outpaces Hypothetical ETH Investment 

State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins

State Securities Regulators Object to Celsius’ Court Motion to Sell StablecoinsAs Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas filed objections to the crypto lender accessing the company’s stablecoin cache. 15 days prior […]

Michael Saylor’s ‘No Second Best’ Holds Strong as BTC Outpaces Hypothetical ETH Investment