Genesis

Genesis

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Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors

The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy.

The streets are clear outside the U.S. Court for the Southern District of New York (Dustin D.)

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Defunct Crypto Hedge Fund 3AC Insists on Taking Part in Genesis Mediation

The defunct crypto hedge fund has claimed over $1 billion against Genesis, which itself filed for bankruptcy in January.

Three Arrows Capital has made claims against Genesis (aitoff/Pixabay)

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Gemini and Bankrupt Lender Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program

The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.

Oklahoma's new laws protect Oklahomans’ right to self-custody their crypto and prevent the state and local governments from banning crypto mining (Unsplash)

Keuangan

Gemini Says Genesis Parent DCG Missed $630 Million Payment

Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.

(Genesis Trading, modificado por CoinDesk)

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DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital

The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments, due in May.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

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FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case

There will be a hearing on May 25 to discuss the motion by the FTX estate.

(Danny Nelson/CoinDesk)

Keuangan

Genesis Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization

The move comes months after an initial agreement was reached between Genesis' creditors and its owner, DCG.

(Genesis Trading, modificado por CoinDesk)

Keuangan

Bankruptcy Trading Platform Xclaim Closes $7M Round as It Adds Crypto Focus

Founder and CEO Matthew Sedigh says trading volumes have surpassed $200 million since Xclaim started operations in 2018.

(RunPhoto)

Pasar

First Mover Americas: Bitcoin Busts Through $26K

The latest price moves in crypto markets in context for March 17, 2023.

Up Arrows (Unsplash)

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Genesis Requests Timetable for Sale, Creditor Claims

The company wants to sell off its business after filing for bankruptcy on Jan. 19.

(Javier Zayas Photography/Getty Images)