DCG

There are a total of 38 articles associated with DCG.
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And, the US Congress drew headlines last week as it moved crypto-friendly regulation to completion

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Elsewhere, Anchorage and DCG fill out the C-suite and Polygon reportedly cuts its COO

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DCG and Silbert said the suit was an attempt to find a “headline-worthy scapegoat”

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Gemini “failed to prevent harm suffered by Earn program customers,” according to a NYDFS statement

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The hearings are expected to last for a couple of days as the court hears arguments for and against the bankruptcy plan proposed by Genesis

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The parent company of bankrupt lender Genesis filed an objection to its settlement agreement with the NYAG on Wednesday

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The company repaid over $1 billion in debt, according to the letter

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James’ office initially sued Gemini, DCG, CEO Barry Silbert and subsidiary Genesis in October

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DCG says the plan “strips” the company of “other valuable economic and corporate governance rights”

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Both resignations are effective Jan. 1, 2024

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Genesis said that the carryforwards could “translate into future tax savings”

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KuCoin CEO Johnny Lyu said the settlement shows the exchange’s “commitment to compliant operations”

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

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

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

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

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

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

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Gemini opposes both the DCG agreement and the FTX settlement

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

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

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State Street said goodbye to a longtime crypto executive this week

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

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

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