Digital Currency Group

Legal Expert Weighs in on Gemini's Lawsuit Against DCG
Crypto firm Gemini sued Digital Currency Group last week, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which held funds for Gemini tied to the latter company's Earn program. Hodder Law Firm Managing Partner Sasha Hodder discusses the key takeaways. Plus, what to make of Twitter threatening to sue Facebook parent company Meta over the Threads app. CoinDesk and Genesis are both owned by DCG.

DCG Calls Gemini Lawsuit a Publicity Stunt; Analyst Downplays U.S. Spot Bitcoin ETF Hype
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including Digital Currency Group's comments after Gemini announced its lawsuit against the industry conglomerate. DCG is the parent company of CoinDesk. A new JPMorgan report explains why the SEC's approval of a spot bitcoin ETF will not be a game changer. And, an update on when the much-awaited layer 2 blockchain Shibarium is expected to go live.

Cameron Winklevoss Says Gemini Filed Lawsuit Against Digital Currency Group
Crypto trust firm Gemini is suing Digital Currency Group, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis. "The Hash" panel discusses the latest developments, as DCG calls Gemini's latest legal action "baseless" and "defamatory." Both CoinDesk and Genesis are owned by DCG.

Gemini poursuit Barry Silbert, un groupe de cryptomonnaies, et son fondateur, pour « fraude »
Cette action en justice est la dernière escalade de Gemini, qui tente de récupérer des fonds pour son programme Earn détenus par Genesis, filiale de DCG.

Horizen Sheds Privacy Coin Moniker Amid Global Regulatory Scrutiny
Self-described layer 0 blockchain Horizen is shedding its privacy coin moniker following global regulatory scrutiny. Horizen co-founder and CEO Rob Viglione discusses the move and what it means for the broader crypto ecosystem. Horizen is backed by crypto hedge fund Grayscale's Horizen Trust. Grayscale and CoinDesk are both owned by Digital Currency Group.

Former Genesis CEO Michael Moro on Taking Helm of Crypto Derivatives Exchange
Michael Moro, the former CEO of Genesis Trading, is taking the helm of a new crypto derivatives exchange called Ankex, which was incubated within crypto custody tech firm Qredo. Ankex CEO Michael Moro shares insights into the new venture. Plus, Moro's reaction to the latest debt-restructuring talks over the bankrupt crypto firm Genesis. Genesis and CoinDesk both operate under Digital Currency Group.

Cameron Winklevoss, de Gemini, tweete une « offre finale » de 1,5 milliard de dollars dans le cadre des négociations sur la dette de la société de Crypto Genesis.
Les créanciers de la société financière Crypto Genesis proposent un ensemble de 1,5 milliard de dollars de paiements de tolérance et de prêts libellés en dollars, en Bitcoin et en éther, selon une feuille de conditions publiée sur Twitter par le cofondateur de Gemini.

Le prêteur de Crypto Genesis modifie son plan de réorganisation alors que les négociations se poursuivent.
Le plan mis à jour issu des discussions menées avec la société mère DCG reflète un « accord substantiel » sur plusieurs questions clés.

Le juge des faillites de Genesis prolonge la période de médiation entre Genesis et ses créanciers
Le prêteur insolvable aura désormais jusqu'au 2 août pour soumettre un plan de sortie de faillite.

Le fonds spéculatif Crypto 3AC, aujourd'hui disparu, insiste pour participer à la médiation Genesis
Le fonds spéculatif Crypto disparu a réclamé plus d'un milliard de dollars à Genesis, qui a lui-même déposé son bilan en janvier.
