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Category Genesis withdrawals
Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’
The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 2...
Mar, 20, 2024
by Bitcoin News
Genesis Faces $21 Million Penalty As SEC Charges Are Settled
Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlemen...
Mar, 19, 2024
2 min read
by Bitcoinist
Genesis Bankruptcy Plan Faces Criticism As DCG Alleges ‘Overpayment’ Of Customer Claims
In a recent development, Digital Currency Group (DCG), the parent company of bankrupt crypto lender Genesis Capital, has objected to Genesis’ bankr...
Feb, 07, 2024
2 min read
by Bitcoinist
Genesis Launches New Lawsuit Against Gemini For ‘Unfair’ $700M Transfers Before Bankruptcy
In a dramatic turn of events, bankrupt crypto lender Genesis has initiated a new legal battle against its long-standing rival, Gemini. The lawsuit ...
Nov, 23, 2023
2 min read
by Bitcoinist
Genesis Reaches $1 Billion Settlement With Bankrupt Hedge Fund 3AC
In a recent development, bankrupt crypto lender Genesis has settled with defunct crypto hedge fund Three Arrows Capital (3AC), ending a months-long...
Nov, 13, 2023
2 min read
by Bitcoinist