Genesis Sues Gemini To Recover “Preferential Transfers” Worth $689m
Genesis and Gemini have been embattled in a public and yasal feud since the collapse of FTX.
Genesis
First Mover Americas: Grayscale’s GBTC Discount Narrows to 10%
The latest price moves in crypto markets in context for Nov. 13, 2023.
Genesis, Three Arrows Capital Reach Agreement on $1B of Claims
The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to the defunct hedge fund, 3AC.
Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says
The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal with parent company DCG.
Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC
Gemini has filed a lawsuit against Genesis over 60 million GBTC shares that were pledged as collateral.
Genesis Ordered to Comply With Terra Subpoena Within 5 Days
The crypto lender and trading firm failed to comply with requests made as part of a probe into Do Kwon’s collapsed stablecoin, a New York judge said
Gemini Pulled $282M Earn Users’ Funds From Genesis Last Year to Protect Customers
Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.
Genesis Has Ceased All Crypto Trading Services: Spokesperson
Company was hit hard by the collapses of Three Arrows Capital and FTX.
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Under the plan, Gemini creditors would receive a “fraction” of the money they are owed, Gemini’s lawyers said.