Genesis – Page 3

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...

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.