Genesis Faces $21 Million Penalty As SEC Charges Are Settled | Bitcoinist.com

Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlement with the US Securities and Exchange Commission (SEC).

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Bankrupt Genesis agrees to $21 million SEC fine over defunct Gemini Earn crypto lending violations

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SEC Case Against Gemini And Genesis Gains Momentum As Judge Denies Motion To Dismiss | Bitcoinist.com

In a recent development, US District Judge Edgardo Ramos has denied motions from cryptocurrency exchange Gemini and crypto lender Genesis to dismiss the case brought by the US Securities and Exchange Commission (SEC).

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Digital Currency Group Counters Lawsuit: Moves To Dismiss NY Attorney General’s Allegations | Bitcoinist.com

According to a Fortune Magazine report, Digital Currency Group (DCG) has submitted a motion to the New York Supreme Court to dismiss a lawsuit filed against the company by New York Attorney General Letitia James.

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Gemini strikes deal to return all assets ‘in kind’ to Earn users instead of historic dollar equivalent

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Digital Currency Group Alleges Bankruptcy Code Violations, Calls For Revamp Of NYAG And Genesis Settlement | Bitcoinist.com

In a surprising twist, Digital Currency Group (DCG), the parent company of defunct crypto lender Genesis Capital, has contested the settlement agreement reached with the New York Attorney General’s (NYAG) office, citing alleged violations of the Bankruptcy Code.

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Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares

Crypto firm Digital Currency Group (DCG) and Grayscale objected to bankrupt lender Genesis‘ move to divest its assets, including Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), shares worth approximately $1.

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Dark Twist In Digital Currency Group Case: NYAG Pursues $3 Billion Restitution | Bitcoinist.com

New York Attorney General Letitia James has expanded the state’s lawsuit against Digital Currency Group (DCG) and tripled the estimated size of alleged fraud to more than $3 billion.

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Genesis Resolves Lawsuit With NY Attorney General In Bankruptcy Settlement | Bitcoinist.com

In a recent development, Genesis Global, the bankrupt cryptocurrency lender, has settled a lawsuit filed by New York Attorney General Letitia James, as reported by Bloomberg.

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Genesis Bankruptcy Plan Faces Criticism As DCG Alleges ‘Overpayment’ Of Customer Claims | Bitcoinist.com

In a recent development, Digital Currency Group (DCG), the parent company of bankrupt crypto lender Genesis Capital, has objected to Genesis’ bankruptcy plan, arguing that it violates the Bankruptcy Code.

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Genesis’ bankruptcy plan faces pushback from parent company DCG over creditor payouts

Digital Currency Group (DCG), the parent company of the defunct crypto lender Genesis, has filed an objection against the approval of its subsidiary’s bankruptcy plan, which was created via a “clandestine approach.”
In a Feb.

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