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Ano ang Susunod para sa Genesis Creditors? Ito ay Depende sa Ano ang Nasa Paghahain ng Pagkalugi

Maaaring "magtagal" upang malaman ang mga asset at pananagutan ng Genesis, sinabi ni Eric Snyder, kasosyo sa Wilk Auslander, sa CoinDesk TV.

(CoinDesk TV)

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Bankrupt Crypto Lender Genesis Claims $5.1B in Liabilities

Crypto lending firm Genesis held $5.1 billion in liabilities in the weeks following its freeze on withdrawals last November, according to court documents signed by interim CEO Derar Islim. This comes as three of the institutional crypto brokerage's entities filed for Chapter 11 protection late Thursday. "The Hash" panel discusses the latest in Genesis' bankruptcy. DCG is the parent company of CoinDesk and Genesis.

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Next Steps After Genesis’ Crypto Lending Businesses File for Bankruptcy

Genesis Global Holdco LLC, the holding company of cryptocurrency lender Genesis Global Capital, files for Chapter 11 bankruptcy protection. Wilk Auslander LLP Partner Eric Snyder discusses the next steps for the troubled lender and how the dispute between Gemini, one of the creditors, and Digital Currency Group (DCG) could potentially be resolved. DCG is the parent company of Genesis and CoinDesk.

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Genesis’ Crypto Lending Businesses File for Bankruptcy Protection

Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection in New York after being pummeled by two of 2022's biggest industry collapses. CoinDesk News Desk Managing Editor Danny Nelson discusses what we know so far. DCG is the parent company of CoinDesk and Genesis.

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Inaangkin ng Genesis ang $5.1B sa Mga Pananagutan sa Unang Araw na Paghahain ng Pagkalugi

Tatlo sa mga entity ng institutional Crypto brokerage ang nag-file para sa proteksyon ng Kabanata 11 noong huling bahagi ng Huwebes.

(Genesis Trading, modified by CoinDesk)

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Legal Expert on Genesis' Crypto Lending Unit Filing For Bankruptcy

Wilk Auslander LLP Partner Eric Snyder discusses the legal and industry implications of Genesis Global Holdco LLC, the holding company of crypto lender Genesis Global Capital, filing for Chapter 11 bankruptcy protection. He also weighs in on Gemini CEO Cameron Winklevoss threatening to sue DCG CEO Barry Silbert over the repayment of a $900 million loan. DCG is the parent company of CoinDesk and Genesis.

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Ang Cameron Winklevoss ni Gemini ay Nagbabanta sa Legal na Aksyon Laban sa CEO ng DCG Pagkatapos ng Paghahain ng Pagkabangkarote sa Genesis

Ang exchange CEO ay nasangkot sa isang linggong pampublikong pagtatalo sa DCG sa pagbabayad ng isang $900 milyon na loan.

Tyler and Cameron Winklevoss (Joe Raedle/Getty Images)

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File ng Genesis' Crypto Lending Businesses para sa Proteksyon sa Pagkalugi

Ang pagbagsak ng FTX noong huling bahagi ng 2022 ay ang huling straw para sa Genesis, na noong unang bahagi ng taong iyon ay naiulat na nawalan ng ilang daang milyong dolyar dahil sa pagkakalantad nito sa nabigong Crypto hedge fund na Three Arrows Capital.

(Genesis Trading, modificado por CoinDesk)

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New FTX CEO Trying to 'Clear the Wreckage' After Crypto Exchange Collapse: Lumida CEO

New FTX CEO John J. Ray III is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal. Lumida CEO and co-founder Ram Ahluwalia discusses the possibilities of FTX's comeback and Genesis Global Capital's reported bankruptcy concerns. Plus, why he thinks a key idea about securities law "is being lost" in the Gemini and Genesis debate. DCG owns Genesis and CoinDesk.

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Ang Co-Founder ng Crypto Exchange Luno ay Umalis noong Disyembre

Nagsilbi rin si Timothy Stranex bilang punong opisyal ng Technology ng kumpanya.

Crypto veteran Hunter Merghart has been hired by hedge fund giant Millennium Management. (Pixabay)