Genesis has altered its bankruptcy plans, and that doesn’t sit well with the federal government. The crypto lender said in a filing last week that it...
Cryptocurrency-trading business Genesis has stopped all its trading operations. The company is closing its international spot and derivates trading operation, after shutting down its U.S....
The bankruptcies of five major cryptocurrency firms have been a boon for corporate turnaround specialists. That’s according to a report published Tuesday (Sept. 5) by...
For the cryptocurrency industry to grow, sector foibles can’t keep looking so avoidable in retrospect. This, as a recent class action lawsuit filed in California...
Crypto-centric bank Silvergate said its exposure to bankrupt lender Genesis has been limited. The bank made this announcement in an update Friday (Jan. 20), one...
Cryptocurrency lender Genesis Global Capital reportedly could file for bankruptcy this week. Bloomberg reported Wednesday (Jan. 18) that the unit of Digital Currency Group (DCG)...
The Securities and Exchange Commission (SEC) has charged two cryptocurrency companies with offering unregistered securities. The complaint charges Genesis Global Capital and Gemini Trust Company...
Genesis Global Trading is reportedly considering filing for bankruptcy. The cryptocurrency lender has also laid off 30% of its staff across departments, The Wall Street...
Wyre is reportedly shutting down, the latest causality of an ongoing crypto downturn. “We’ll continue to do everything we can, but I want everyone to...