Did Barry Silbert safeguard his personal funds at the expense of DCG?
DataFinnovation accuses Barry Silbert of DCG of pulling out his personal money ahead of other creditors amid the collapse of 3AC.
DCG misses $600M payment to Genesis as Gemini seeks resolution
Major Genesis creditor Gemini says it’s considering to provide forebearance in order to avoid a default situation.
Crypto exchange Luno abandons Singapore months after staff cuts
Luno says the move is part of a “regular evaluation” of its global strategy and has advised users to withdraw tokens and funds by June 19.
Genesis files for chapter 11 bankruptcy as Winklevii threaten DCG lawsuit
Genesis Global has voluntarily filed for bankruptcy, along with its crypto lending arm, as parent firm DCG faces rising financial distress.
Fraud, crime, and the Winklevii force DCG to freeze dividend payouts
According to CEO Barry Silbert, DCG’s problems are due to a wave of “unprecedented fraud and criminal behavior” in the crypto industry.
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Wyre’s corporate entities are in disarray but it may still be serving Binance US—by Protos Staff
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Binance controlled its US arm’s bank accounts for two years: Reuters—by Protos Staff
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Who really owns crypto exchange Huobi?—by Protos Staff
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Missing ‘bitcoin millionaire’ and crypto founder found dead in Ozarks—by Protos Staff
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Crypto banking giant Silvergate is no more following NYSE delisting—by Protos Staff
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Richard Heart’s Pulse launch flops, users stranded, HEX crashes—by Protos Staff
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‘Giancarlo’ keys managed poorly says post-hack Bitfinex security report—by Protos Staff
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Bitcoin suddenly becomes second-biggest NFT blockchain—by Protos Staff
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BitBoy and another less famous Ben are giving crypto a bad name—by Cas Piancey
