Genesis Global Capital news and trends

New York DFS Announces Settlement With Gemini Trust
Legal // February 28, 2024

The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its Gemini Earn Program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
Cryptocurrency // October 19, 2023

Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Barry Silbert’s DCG Crisis Over Who Owes What Complicated by Who Owns What
Cryptocurrency // January 19, 2023

It’s hard to tell who is faring worse, Barry Silbert, or his stable of companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Genesis Is Preparing to File for Bankruptcy as Crypto Contagion Continues
Cryptocurrency // January 18, 2023

Cryptocurrency lender Genesis Global Capital reportedly could file for bankruptcy this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Quick Reads
Bankruptcy Court Approves Genesis Settlement With NY Attorney General

May 20, 2024
Cryptocurrency firm Genesis has been banned from operating in New York and will pay a settlement worth $2 billion, the Office of the New York State Attorney General (NYAG) said in a Monday (May 20) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]

New York DFS Announces Settlement With Gemini Trust

February 28, 2024
The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its Gemini Earn Program. Get the...

Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud

October 19, 2023
Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1 billion. Get the Full Story...

Genesis Is Preparing to File for Bankruptcy as Crypto Contagion Continues

January 18, 2023
Cryptocurrency lender Genesis Global Capital reportedly could file for bankruptcy this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...