genesis global capital

Cryptocurrency exchange Gemini is reportedly laying off 10% of its staff, marking the company's third round of layoffs since June, The Information reported. The layoffs come as a result of the bankruptcy of crypto lender Genesis Global Capital and Gemini's inability to pay out funds to its...

Beleaguered crypto lender Genesis Global Capital, the cryptocurrency lending unit of Digital Currency Group (DCG), could file for bankruptcy as soon as this week, according to Bloomberg. What Happened: Genesis fell into a liquidity crunch, and halted redemptions shortly after revealing on Nov. 10...

The Securities and Exchange Commission (SEC) announced on Thursday it charged Genesis Global Capital and Gemini Trust Company “for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program.” What Happened: The...

Cryptocurrency entrepreneur Cameron Winklevoss has accused Barry Silbert, another businessman, of using "bad faith stall tactics" in an attempt to resolve a dispute between their two companies that arose from the collapse of FTX. Winklevoss's company, Gemini Trust Co., had offered...

Tyler and Cameron Winklevoss-led cryptocurrency platform Gemini on Wednesday said it will not be able to meet customer redemptions for the next five days after its lending partner Genesis Global Capital paused withdrawals. “The past week has been an incredibly challenging and stressful time...