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SEC Slaps Digital Currency Group With $38,000,000 Fine, Claims Crypto Venture Firm Misled Investors

SEC Slaps Digital Currency Group With $38,000,000 Fine, Claims Crypto Venture Firm Misled Investors

The U.S. Securities and Exchange Commission (SEC) is hitting venture capitalist firm Digital Currency Group (DCG) and a former executive of Genesis...
Jan, 18, 2025
2 min read
by The Daily Hodl
Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis Shows

Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis Shows

A recent analysis from Coinshares, spearheaded by its lead research analyst, James Butterfill, brings to light the evolving landscape of bitcoin in...
Aug, 16, 2024
by Bitcoin News
Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others

Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others

Genesis has finalized its restructuring process and started distributing roughly $4 billion in digital assets and US dollars to creditors, accordin...
Aug, 02, 2024
2 min read
by CryptoSlate
New York Attorney General Secures $2B Settlement With Genesis

New York Attorney General Secures $2B Settlement With Genesis

New York Attorney General secured a $2 billion settlement with Genesis Global Capital and related entities to compensate investors.
May, 20, 2024
3 min read
by CryptoPolitan
Genesis Set to Return $3B Customer Assets in Finalized Bankruptcy Liquidation Plan

Genesis Set to Return $3B Customer Assets in Finalized Bankruptcy Liquidation Plan

Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim
May, 20, 2024
by CoinDesk