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Genesis Trading

New York AG triples fraud loss claim against Digital Currency Group to $3 billion
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13 February, 2024

New York AG triples fraud loss claim against Digital Currency Group to $3 billion

The future of Barry Silbert's "crypto" empire is on the rocks after its losses mounted to over $3 billion as...
SEC reportedly probing Genesis’ links to the Terra fraud
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17 October, 2023

SEC reportedly probing Genesis’ links to the Terra fraud

The digital asset lender has five days from the date of the order to comply by handing over the Securities...
Genesis halts all digital asset trading activities across business units
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18 September, 2023

Genesis halts all digital asset trading activities across business units

Genesis assured clients that their derivative positions will be honored until expiry amid the suspension of its trading services, which...
Brutal layoffs continue in the digital currency industry—is this the worst bear market yet?
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2 March, 2023

Brutal layoffs continue in the digital currency industry—is this the worst bear market yet?

Only two months since entering 2023, thousands have been laid off in the digital currency industry, but hopes of a...
Digital Currency Group’s Genesis bankrupt lending platform seals creditor deal
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7 February, 2023

Digital Currency Group’s Genesis bankrupt lending platform seals creditor deal

Winklevoss twins announced that Gemini had "reached an agreement in principle" with Genesis Global Capital, DCG, "and other creditors on...
Gemini lied about FDIC insurance in emails to Earn customers: report
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3 February, 2023

Gemini lied about FDIC insurance in emails to Earn customers: report

In legally ambiguous and vague language, Gemini repeatedly told its customers that funds were FDIC-insured, giving them false hope that...
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