Genesis
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.
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.
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.
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, 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.
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.
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' 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.
Bitcoin Falls From Multi-Month High, Crypto-Related Stocks Pull Back
Earlier Wednesday, bitcoin (BTC) reached its highest point before the FTX collapse. Brad Keoun, CoinDesk Managing Editor of Tech and Protocols, discusses the latest price movement for the largest cryptocurrency by market capitalization, as Bloomberg reports Genesis is in confidential negotiations with various creditor groups, with the company warning it could seek bankruptcy protection if it fails to raise capital. Keoun also weighs in on Grayscale Bitcoin Trust discount narrowing. DCG is the parent company of Grayscale, CoinDesk, and Genesis.
