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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.

Scoop: More Genesis creditors say crypto lender duped them

One creditor who pulled his funds from Genesis says he was lured back by emails from salespeople and incorrect monthly balance sheets.

Billionaire Cameron Winklevoss has written a letter to Barry Silbert of Genesis, escalating a dispute over hundreds of millions of dollars.

Bitvavo is due up to $300 million after Bahamas-based FTX collapsed, leaving Genesis Trading and Digital Currency Group owing $1.8 billion.

Gemini Earn might not have had direct exposure to FTX, but it did have funds with Genesis Trading which, in turn, had funds at FTX.