DCG

CoinDesk finally found a buyer, though the terms of the deal were not disclosed

The “root lesson to be learned,” Ahluwalia says, is “not to borrow from Genesis to go levered long on your own product”

A US trustee says the disclosure fails to include information about creditor distributions

In its third quarter shareholder letter, DCG gave updates on Grayscale, the NYAG suit and the Genesis creditor plan

Unsecured creditors could expect a recovery rate between 70-90% according to the plan

GGT is ‘working closely with regulatory authorities’ to discontinue services

Gemini opposes both the DCG agreement and the FTX settlement

Genesis previously initiated a 30-day mediation process in May following concerns parent company DCG could risk defaulting on $630 million in debt obligations

The Gemini suit is pointing fingers at the wrong defendants, DCG claims in motion to dismiss

State Street said goodbye to a longtime crypto executive this week

TradeBlock’s shutdown was reportedly prompted by a prolonged crypto market downturn and challenging US regulatory environment

FTX is calling out avoidable transfers made before the company went bankrupt in November

Alameda claims Grayscale’s fee structure and lack of redemption options has lowered the value of Alameda’s shares by 90%

The crypto conglomerate has reportedly sold a quarter of its shares in Grayscale’s Ethereum Trust after Genesis’ bankruptcy

Genesis could be up for sale under a new restructuring agreement with creditors

More than 100 institutions have engaged with an online campaign seeking to force an “uncomfortable conversation” around alternative visions for GBTC

Cameron Wiklevoss threatens to sue Barry Silbert, DCG and others, following Genesis bankruptcy

Gemini co-founder Cameron Winklevoss has said DCG owes affiliate Genesis nearly $1.7 billion, which is money he says it needs to fulfill Gemini users

In an email sent out to retail users, Gemini wrote that it terminated the Master Loan Agreement between Earn users and Genesis as of Jan. 8

Several sources have told Blockworks DCG’s head, Barry Silbert, isn’t telling the full story relating to his company’s relationship with crypto lender Genesis

The cryptocurrency industry has a “lot of hard work to do” on the heels of a brutal 2022, Silbert said Tuesday in a letter to DCG shareholders

A “complete gimmick”: Winklevoss goes for the jugular as Genesis Global Capital, Grayscale stand accused

News analysis: Takeover attempts of Grayscale’s embattled bitcoin trust are mounting, but what’re the odds?

The crypto brokerage has recently consulted restructuring specialists on the possibility of spinning out its troubled lending arm