Bitcoin24h $111,162.49+0.51%

Ethereum24h $4,300.10+0.22%

XRP24h $2.88+2.20%

BNB24h $874.72+0.95%

Solana24h $207.36+2.36%

Dogecoin24h $0.2324+7.13%

TRON24h $0.3319+1.11%

Cardano24h $0.8390+1.47%

Hyperliquid24h $49.63+6.26%

Chainlink24h $22.45+0.55%

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.

Genesis pressure mounts as Cameron Winklevoss threatens Barry Silbert

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

If Genesis fails, $350 million of the $600 million owed to Todd Boehly’s Eldridge would become due, according to the terms of the loan.

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

The Grayscale Bitcoin Trust (GBTC) provides a way for investors to gain exposure to bitcoin, without having to own bitcoin.