Digital Currency Group disputes Genesis' settlement with NYAG over fraud charges, arguing it unfairly prioritizes certain creditors, challenging legal and regulatory norms in the crypto industry.
BrianCameron alleges DCG used a promissory note as a stall tactic instead of a concrete plan to reimburse creditors.
BeincryptoThe deal includes DCG absorbing payouts exceeding $300 million and contributing $100 million to the Genesis bankruptcy estate.
BeincryptoOne of DCG's institutional services is closing by the end of May due to a tough crypto market and regulatory landscape.
OthersThe crypto exchanges are letting go of employees as a part of their cost-cutting measures.
BeincryptoDCG’s subsidiary underwent a second round of job cuts after being hit by FTX implosion.
cryptopotatoSun did not specify the assets he would be willing to buy.
BeincryptoDigital Currency Group (DCG) confirmed Thursday that it is shuttering HQ, its wealth management division.
decryptCompute North had filed for Chapter 11 bankruptcy in September.
Crypto PotatoGenesis and its parent company, Digital Currency Group (DCG), are under pressure, and there are growing concerns about their potential default.
Bitcoinist