Genesis and DCG reach deal for overdue debt, creditors to vote

Barry Silbert’s DCG has settled partial debt owed to Genesis, amid ongoing legal battles between the firms, Gemini, the SEC, and more.
Barry Silbert’s DCG has settled partial debt owed to Genesis, amid ongoing legal battles between the firms, Gemini, the SEC, and more.
Crypto lender Genesis is hitting Gemini with more litigation, claiming the exchange received advantages over other creditors.
Bankrupt crypto lender Genesis filed for $1B in claims against defunct crypto hedge fund 3AC and has agreed to settle for $33M.
Sam Bankman-Fried’s trading desk empire extended all the way to Thailand through Genesis Block Thailand, a branch of the Hong Kong desk.
According to the New York Attorney General’s complaint, Silbert lied to Gemini Earn stakeholders about the finances of its partner, Genesis.