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Cryptorank

Category Genesis

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...
FTX Trust Sues Genesis Digital for $1.15B Clawback Over Alleged Fraudulent Transfers

FTX Trust Sues Genesis Digital for $1.15B Clawback Over Alleged Fraudulent Transfers

FTX Trust has sued Genesis, alleging Fraudulent transfers used misappropriated funds for 2021–2022 share purchases. The bankruptcy estate has repor...
DCG Countersues Genesis for $1.1B After Subsidiary Claims $3.1B Damages

DCG Countersues Genesis for $1.1B After Subsidiary Claims $3.1B Damages

Digital Currency Group (DCG) has escalated its legal battle with bankrupt subsidiary Genesis Global Capital, filing a countersuit demanding $1.1 bi...
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 ...
Genesis Collapse: DCG Execs Ignored Warnings, Foresaw Legal Threat—Now Facing ‘Alter Ego’ Lawsuit

Genesis Collapse: DCG Execs Ignored Warnings, Foresaw Legal Threat—Now Facing ‘Alter Ego’ Lawsuit

Newly unsealed court filings are pulling back the curtain on a web of internal warnings, ignored red flags, and alleged self-dealing at one of cryp...