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Category Genesis

SEC dismisses lawsuit against billionaire Winklevoss twins-backed Gemini over Earn product

SEC dismisses lawsuit against billionaire Winklevoss twins-backed Gemini over Earn product

The SEC said Gemini Earn customers had already received 100% of their assets back through Genesis' bankruptcy, warranting the dismissal of the case.
FTX recovery trust sues Genesis Digital Assets for $1.15B

FTX recovery trust sues Genesis Digital Assets for $1.15B

The FTX Recovery Trust, a legal entity established to manage the bankruptcy estate of FTX Trading Ltd. following its collapse in November 2022, has...
Digital Currency Group sues Genesis Global Capital over $1.1 billion promissory note

Digital Currency Group sues Genesis Global Capital over $1.1 billion promissory note

Digital Currency Group (DCG) has reportedly filed a lawsuit against its bankrupt subsidiary, Genesis Global Capital LLC, seeking over $105 million ...
19yo mastermind of $245M Genesis scam re-arrested for a $2 million theft

19yo mastermind of $245M Genesis scam re-arrested for a $2 million theft

Veer Chetal, a 19-year-old from Danbury, Connecticut, known as “Wiz,” was picked up again for violating his release agreement. The accused pleaded ...
Genesis Files Suits Against DCG to Recover Billions Worth of Allegedly Fraudulent Transfers

Genesis Files Suits Against DCG to Recover Billions Worth of Allegedly Fraudulent Transfers

DCG, CEO Barry Silbert and others withdrew billions of dollars from the company they knew was failing while keeping customers in the dark, accordin...