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Genesis

CoinFLEX restructure approved by Seychelles court; Roger Ver nowhere to be seen
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9 March, 2023

CoinFLEX restructure approved by Seychelles court; Roger Ver nowhere to be seen

Under the plan, which was proposed in September 2022, CoinFLEX creditors will own 65% of the company, while Series 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...
Barry Silbert was bullish on Bitcoin BSV—even in 2014
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27 January, 2023

Barry Silbert was bullish on Bitcoin BSV—even in 2014

Barry Silbert was bullish on bitcoin in 2014; however, in 2017-2022, he turned to a multi-chain and speculation/trading-based investment strat,...
Digital Currency Group-owned exchange Luno axes 35% of staff
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27 January, 2023

Digital Currency Group-owned exchange Luno axes 35% of staff

It's estimated that the firm will cut 330 jobs, mostly in its marketing department, giving some insight into how industry...
Roger Ver sued for reneging on $21M debt to Genesis trading group
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25 January, 2023

Roger Ver sued for reneging on $21M debt to Genesis trading group

GGC International Ltd filed a summons with the New York State Supreme Court, giving Roger Ver 20 days to answer...
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