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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
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
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
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
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