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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...
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 ...
Crypto lending group Genesis sues parent company over $2.1B in disputed transfers

Crypto lending group Genesis sues parent company over $2.1B in disputed transfers

Crypto lender Genesis Global Capital has launched legal action against its parent company, Digital Currency Group (DCG). Genesis has brought legal ...
SEC and Gemini Request 60-Day Halt in Crypto Lending Lawsuit

SEC and Gemini Request 60-Day Halt in Crypto Lending Lawsuit

The U.S. Securities and Exchange Commission (SEC) and Gemini Trust have jointly filed a motion to pause their ongoing legal dispute over Gemini’s c...