Genesis

Genesis

Finanzen

Crypto Trading Firm Cumberland DRW Disputes Genesis Exposure

The Chicago-based firm was listed among Genesis' creditors in the amount of $18 million, but Cumberland said that's too high. The document includes "misleading and incorrect information," Cumberland tweeted.

(Genesis Trading, modified by CoinDesk)

Finanzen

Empresas de préstamos de criptomonedas de Genesis se declaran en quiebra

El colapso de FTX de finales de 2022 fue la gota que rebalsó el vaso para Genesis, que a principios de ese año había sufrido pérdidas de varios cientos de millones de dólares debido a su exposición al fallido fondo de cobertura de criptomonedas Three Arrows Capital.

(Genesis Trading, modificado por CoinDesk)

Richtlinien

Crypto Lender Genesis Is FTX's Largest Unsecured Creditor With $226M in Claims

Genesis Global Capital leads the revised list that un-redacted the names of several creditors.

Sam Bankman-Fried sale del tribunal federal en la ciudad de Nueva York. (David Dee Delgado/Getty Images)

Finanzen

Digital Currency Group Owes Subsidiary Genesis Global Over $1.65B

Genesis filed for Chapter 11 bankruptcy protection Thursday, listing debts of roughly $3.5 billion.

(Danny Nelson/CoinDesk)

Märkte

First Mover Americas: Bitcoin, Ether Rise Slightly After Genesis' Chapter 11 Filing

The latest price moves in crypto markets in context for Jan. 20, 2023.

Bitcoin was trading slightly above the $21,000 mark at press time. (CoinDesk data)

Märkte

Bitcoin, Ether Hold Steady After Genesis' Bankruptcy; Crypto Traders Say Bad News Was Priced In

The path of least resistance for crypto is on the higher side, one observer said, drawing attention to bitcoin's tendency to carve out double-digit gains during the Chinese New Year holidays.

(Danny Nelson/CoinDesk)

Finanzen

Gemini's Cameron Winklevoss Threatens Legal Action Against DCG CEO After Genesis Bankruptcy Filing

The exchange CEO has been involved in a weeks-long public spat with DCG over the repayment of a $900 million loan.

Tyler and Cameron Winklevoss (Joe Raedle/Getty Images)

Finanzen

Genesis Owes Over $3.5B to Top 50 Creditors

Genesis has over 100,000 creditors among the three of its companies that declared bankruptcy.

Genesis has unloaded its entire stake in GBTC (Danny Nelson/CoinDesk)

Finanzen

Genesis' Crypto Lending Businesses File for Bankruptcy Protection

The collapse of FTX in late 2022 was the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital.

(Genesis Trading, modificado por CoinDesk)