Genesis
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DCG’s Barry Silbert Pitched Genesis and Gemini Merger in 2022 in a Drastic Bid to Save the Lender
In an email from Oct. 20, 2022, Silbert described a lunch meeting with Winklevoss where he discussed the challenges facing…
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DCG Calls Out Genesis’ Settlement With New York as ‘Subversive’
Jason Brown, a former co-chief deputy of the attorney general’s office and a former senior federal attorney in New York,…
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Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings
Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to become a…
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Sotheby’s Auction Nets $254K for ‘Genesis Cat’ From Taproot Wizards
“His research delves into the material history of computer-generated graphics, examining digital imaging from historical and conceptual perspectives,” said Sotheby’s.…
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Genesis Global Trading Pays $8M to Settle New York Lawsuit
Genesis has faced a slew of legal troubles since last year. In January, the Securities Exchange Commission (SEC) charged Genesis…
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The Genesis Block: The First Bitcoin Block
Satoshi Nakamoto mined the Genesis Block on Jan. 3, 2009. That was three months after the pseudonymous inventor published the…
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DCG Cannot Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
The carryforwards can be used to decrease Genesis’ federal income tax liability in current and future years, the motion said,…
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Genesis Sues Gemini To Recover “Preferential Transfers” Worth $689m
Genesis and Gemini have been embattled in a public and legal feud ever since the collapse of FTX. Genesis filed…
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Genesis Seeks Court Approval to Pay $33M to Settle $1B 3AC Claims
“The 3AC Debtor shall receive an allowed general unsecured claim against Genesis in the amount of $33,000,000 in full and…
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Genesis’ Updated Liquidation Plan Is a Material Change, U.S. Government Says
“The prior plan provided for the sale of assets of the debtors and a non-debtor affiliate, a discharge of the…
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