Digital Currency Group – Page 5

Opinion: Digital Currency Group’s Genesis implosion: What comes next?

Post author:MiamiCrypto
Post published:January 20, 2023
Post category:Barry Silbert Digital Currency Group genesis

Genesis, a subsidiary of Barry Silbert's Digital Currency Group, filed for Chapter 11 bankruptcy on Jan. 19. Its default could have big implications for the crypto industry.

Crypto Biz: SBF’s newest Excel spreadsheet reveals all

Post author:MiamiCrypto
Post published:January 20, 2023
Post category:Digital Currency Group ftx Sam Bankman-Fried Venture Capital Web3

FTX's debtors are applying "Herculean" effort to unearth the exchange's remaining assets. Meanwhile, Sam Bankman-Fried claims FTX US is solvent.

Bybit CEO offers clarity on exposure to Genesis, but community demands more

Post author:MiamiCrypto
Post published:January 20, 2023
Post category:Cryptocurrencies Cryptocurrency Exchange Digital Currency Group Gemini

The community questioned Bybit’s timing in revealing their exposure now and many demanded proof to back up the reassurance from the CEO.

Genesis is planning to file for bankruptcy: Report

Post author:MiamiCrypto
Post published:January 18, 2023
Post category:Bankruptcy Business Digital Currency Group genesis Liquidity

Another one bites the dust? A report suggested the initial bankruptcy filing from Genesis could come before February.

Grayscale files brief in ETF suit against SEC, oral arguments may come within months

Post author:MiamiCrypto
Post published:January 13, 2023
Post category:Digital Currency Group GBTC Grayscale SEC

Grayscale appealed the SEC’s denial of its application to create a spot BTC ETF in June; the case “is moving swiftly,” according to the Grayscale chief legal officer.

Crypto Biz: DCG’s ‘carefully crafted campaign of lies’?

Post author:MiamiCrypto
Post published:January 13, 2023
Post category:Barry Silbert Cameron Winklevoss Coinbase Digital Currency Group

The public battle between Cameron Winklevoss and Digital Currency Group CEO Barry Silbert continues to rage.

Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt

Post author:MiamiCrypto
Post published:January 11, 2023
Post category:Cryptocurrencies Digital Currency Group Gemini

After having about $290 million locked at Digital Currency Group, Bitvavo decided to prefund the assets on its own and is now looking for full repayment.

DCG chief Barry Silbert pens letter to shareholders, community reacts

Post author:MiamiCrypto
Post published:January 11, 2023
Post category:Barry Silbert Cameron Winklevoss Digital Currency Group ftx Grayscale Winklevoss Twins

Barry Silbert’s letter to shareholders came just hours after Cameron Winklevoss wrote an open letter to him accusing him of defrauding customers.

Digital Currency Group under investigation by U.S. authorities: Report

Post author:MiamiCrypto
Post published:January 8, 2023
Post category:Department of Justice Digital Currency Group ftx Gemini investigation

U.S. authorities are reportedly investigating internal transfers from Digital Currency Group to its subsidiary Genesis.

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Post author:MiamiCrypto
Post published:January 7, 2023
Post category:Accusations Alameda Anonymous Authorities Barry Silbert Bloomberg sources Cameron Cameron Winklevoss capital ceo class action co-founder Crypto currency DCG digital Digital Currency Group enforcement federal ftx Gemini genesis global Group investigation Lawsuit Letter Liquidity materialized new News probes Prosecutor's Research scrutinizing Silbert sources subsidiary transfers Winklevoss York

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors…