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NYAG Takes Victory Lap as Court Approves Genesis Settlement

NYAG Takes Victory Lap as Court Approves Genesis Settlement

NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and b...
May, 21, 2024
by CoinDesk
Genesis Faces $21 Million Penalty As SEC Charges Are Settled

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
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
Dark Twist In Digital Currency Group Case: NYAG Pursues $3 Billion Restitution

Dark Twist In Digital Currency Group Case: NYAG Pursues $3 Billion Restitution

New York Attorney General Letitia James has expanded the state’s lawsuit against Digital Currency Group (DCG) and tripled the estimated size of all...
Feb, 10, 2024
2 min read
by Bitcoinist
Genesis Bankruptcy Plan Faces Criticism As DCG Alleges ‘Overpayment’ Of Customer Claims

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 Global Capital Seeks Court Approval to Sell $1.6 Billion In Assets

Genesis Global Capital Seeks Court Approval to Sell $1.6 Billion In Assets

Genesis Global Capital, a bankrupt crypto lender, files for permission to liquidate assets worth $1.6 billion. Read more... Coincu News
Feb, 04, 2024
by CoinCu News
Genesis Reaches Agreement With SEC, Agrees To Pay $21 Million In Gemini Earn Program Lawsuit

Genesis Reaches Agreement With SEC, Agrees To Pay $21 Million In Gemini Earn Program Lawsuit

Genesis Global, a Digital Currency Group (DCG) subsidiary, has reached a settlement agreement with the US Securities and Exchange Commission (SEC) ...
Feb, 02, 2024
2 min read
by Bitcoinist
Genesis Agrees To Settle With New York DFS, Surrenders BitLicense And Pays $8M Fine

Genesis Agrees To Settle With New York DFS, Surrenders BitLicense And Pays $8M Fine

A recent Fortune Magazine report revealed that the New York Department of Financial Services (DFS) is set to announce a settlement with Genesis Glo...
Jan, 13, 2024
2 min read
by Bitcoinist
Genesis Trading Settlement With NYDFS Completed For $8 Million Fine

Genesis Trading Settlement With NYDFS Completed For $8 Million Fine

In the Genesis Trading settlement, the trading firm has agreed to relinquish its BitLicense, halt operations in New York, and pay an $8 million fin...
Jan, 12, 2024
by CoinCu News
Genesis Launches New Lawsuit Against Gemini For ‘Unfair’ $700M Transfers Before Bankruptcy

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

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