Genesis
DCG's Barry Silbert Discusses Genesis in Letter to Shareholders
Barry Silbert, the head of crypto conglomerate Digital Currency Group (DCG), gave his shareholders more details about his company's Genesis Capital lending division that was forced to halt customer withdrawals in the aftermath of FTX's November collapse. CoinDesk and Genesis are both owned by parent company DCG. Hodder Law Firm Managing Partner Sasha Hodder weighs in on the latest developments.
DCG Responds to Cameron Winklevoss Calling for Barry Silbert’s Removal
Digital Currency Group is responding to the open letter Gemini co-founder Cameron Winklevoss issued, stating in part on Twitter that this "is another desperate and unconstructive publicity stunt." Winklevoss asked the DCG board to remove Silbert, citing DCG's inability to find a fair resolution with creditors of DCG's Genesis unit. DCG is the parent company of CoinDesk.
Barry Silbert de DCG parle de Genesis dans une lettre aux actionnaires
Le cofondateur de la plateforme d'échange de Crypto Gemini, Cameron Winklevoss, a appelé mardi le conseil d'administration de DCG à révoquer Silbert de son poste de PDG.
Gemini met fin à son produit de rendement Crypto , intensifiant la bataille avec Genesis
Cette décision, qui, selon Gemini, oblige Genesis à restituer tous les actifs bloqués, met fin au programme Gemini Earn de la bourse, vieux de près de deux ans.
DCG Reportedly Probed For Genesis Transfers
Barry Silbert’s Digital Currency Group (DCG) is reportedly being investigated by the U.S. Department of Justice’s (DOJ) Eastern District of New York and the U.S. Securities and Exchange Commission (SEC), according to Bloomberg. The entities are examining financial transfers between DCG and its Genesis unit. DCG is the parent company of CoinDesk. Pacific Street Managing Director Gareth Rhodes shares his analysis.
DCG Concerns Linger Amid Crypto Winter
Digital Currency Group (DCG) faces an investigation by the U.S. Department of Justice and SEC on the transfer of funds between DCG and its Genesis unit, according to a report from Bloomberg. DCG is the parent company of CoinDesk. Pacific Street Managing Director Gareth Rhodes weighs in. Plus, he discusses his opinion piece titled, "The Impact of Avraham Eisenberg’s Case on the Future of Crypto," focusing on whether "white hat" hacking could benefit DeFi protocols.
Cameron Winklevoss, de Gemini, appelle à l'éviction de Barry Silbert du conglomérat Crypto DCG
Winklevoss, au nom de Gemini, a demandé le renvoi de Silbert pour son implication dans le désaccord entre Genesis et ses créanciers.
DOJ, SEC Reportedly Probe Crypto Conglomerate DCG; Jefferies Downgrades Marathon Digital
Officials with the U.S. Department of Justice's Eastern District of New York and the SEC are examining transfers between Digital Currency Group (DCG) and the conglomerate's Genesis subsidiary, according to Bloomberg. DCG is the parent company of CoinDesk. Plus, Jefferies downgraded its rating for bitcoin miner Marathon Digital Holdings (MARA) from "buy" to "hold" due to construction delays.
US Authorities Examining Transfers Between DCG, Genesis: Bloomberg
Officials with the U.S. Department of Justice's Eastern District of New York (EDNY) and the U.S. Securities and Exchange Commission are examining transfers between Digital Currency Group (DCG) and the conglomerate's Genesis subsidiary, according to a report from Bloomberg. Bernstein's Managing Director of Global Digital Assets, Gautam Chhugani, discusses the latest developments. DCG is the parent company of CoinDesk.
Le conglomérat Crypto DCG fait l'objet d'une enquête du ministère de la Justice et de la SEC : rapport
Les enquêtes, qui semblent en être à un stade précoce, se concentrent sur les transferts financiers entre DCG et son unité Genesis, selon le rapport de Bloomberg.
