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Gemini agrees to return over $1 billion to earn program customers in settlement

Gemini agrees to return over $1 billion to earn program customers in settlement

In a significant development in the ongoing saga surrounding the Genesis Global Capital (GGC) bankruptcy, cryptocurrency exchange Gemini has announ...
Mar, 01, 2024
2 min read
by CryptoPolitan
Gemini To Return Over $1.8B To Earn Customers In Regulatory Settlement

Gemini To Return Over $1.8B To Earn Customers In Regulatory Settlement

On Wednesday, crypto exchange Gemini announced that it had agreed with the New York State Department Of Financial Services (NYDFS) to return over $...
Mar, 01, 2024
3 min read
by Bitcoinist
Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis

Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis

Gemini has announced its settlement with Genesis, plans to return $1.8 billion to Earn users, with the first distributions expected within two mont...
Feb, 29, 2024
2 min read
by Cryptonews
Gemini Trust Co. Strikes $1.1 Billion Deal with NYDFS to Compensate Earn Customers

Gemini Trust Co. Strikes $1.1 Billion Deal with NYDFS to Compensate Earn Customers

The post Gemini Trust Co. Strikes $1.1 Billion Deal with NYDFS to Compensate Earn Customers appeared first on Coinpedia Fintech News Gemini Trust C...
Feb, 29, 2024
2 min read
by Coinpedia
Genesis Seeks Green Light from Bankruptcy Court for $1.4 Billion GBTC Share Sale

Genesis Seeks Green Light from Bankruptcy Court for $1.4 Billion GBTC Share Sale

Crypto lender Genesis Global Capital, currently undergoing bankruptcy proceedings, has requested permission to sell trust assets worth approximatel...
Feb, 04, 2024
2 min read
by Cryptonews
Genesis Settles SEC Lawsuit, Agrees to $21 Million Civil Penalty for Earn Product

Genesis Settles SEC Lawsuit, Agrees to $21 Million Civil Penalty for Earn Product

Genesis Global and its affiliated entities have reached a settlement with the United States Securities and Exchange Commission (SEC), agreeing to p...
Feb, 02, 2024
3 min read
by Cryptonews
Digital Currency Group (DCG) Completes $700 Loan Repayment To Genesis Exchange

Digital Currency Group (DCG) Completes $700 Loan Repayment To Genesis Exchange

Venture capital firm Digital Currency Group (DCG) has completed a $700 million payment to its subsidiary company Genesis Global Capital (GGC) as a ...
Jan, 07, 2024
2 min read
by Bitcoinist
Digital Currency Group and Genesis Global Reach Bankruptcy Agreement: Court Docs

Digital Currency Group and Genesis Global Reach Bankruptcy Agreement: Court Docs

Venture capital firm Digital Currency Group (DCG) and its bankrupt subsidiary Genesis Global have struck a new agreement to settle an ongoing legal...
Nov, 30, 2023
2 min read
by The Daily Hodl
Genesis And DCG Strike Repayment Deal

Genesis And DCG Strike Repayment Deal

If the judge signs off on it, DCG’s debt should be repaid in full by April.
Nov, 29, 2023
2 min read
by CryptoPotato
Genesis and FTX navigate through a $175M settlement amidst a sea of billion-dollar claims

Genesis and FTX navigate through a $175M settlement amidst a sea of billion-dollar claims

In a pivotal moment for the cryptocurrency industry, a New York bankruptcy judge has sanctioned a settlement agreement between two beleaguered cryp...
Oct, 13, 2023
3 min read
by CryptoPolitan