Gemini co-founder Cameron Winklevoss on Friday said the firm will continue with its decision to take legal action against Digital Currency Group, founder Barry Silbert,
Category: Digital Currency Group
Crypto Lender Genesis Files for Chapter 11 Bankruptcy
On Thursday, January 19, crypto lender Genesis Global finally filed for Chapter 11 bankruptcy protection in the Manhattan federal court. This makes Genesis the latest
DCG Halts Quarterly Dividend Amid SEC Lawsuit On Genesis
Digital Currency Group (DCG) announced that it is suspending its quarterly dividend payouts, “until further notice” as it aims to preserve liquidity. The firm cited
DCG CEO Barry Silbert expands upon ‘most difficult year’ following Gemini founder allegations
DCG CEO Barry Silbert has addressed the concerns surrounding his crypto conglomerate in a recent letter to his shareholders. Silbert is involved in a tussle
DCG Busts Winklevoss Claims of Ties With Three Arrows Capital
On Tuesday, January 10, Gemini CEO Cameron Winklevoss published an open letter on Twitter addressing the board member of Digital Currency Group (DCG). Winklevoss accused
DCG Faces Regulatory Investigation Over Internal Transfers
A day after Digital Currency Group (DCG) announced shutting down its wealth management unit, US authorities launched an investigation into the internal financial dealings of
DCG Shuts Down Wealth Management Group HQ Digital
Hours after the news broke out that Genesis Global has fired 30% of its staff, parent company digital currency Group (DCG) has decided to close
Genesis CEO Asks For More Time As Winklevoss Letter Sparks Controversy
On January 4, Derar Islim, the interim CEO of Genesis Trading, a cryptocurrency brokerage & lender that was forced to cease withdrawals in November 2022,
DCG Conducted “Criminal Fraud” Against Terra, Says 3AC Founder
Last year witnessed some of the most dramatic collapses in the history of crypto. It all started with the first collapse of Terra’s (LUNA) ecosystem