New lawsuit filings: Genesis creditors accuse Barry Silbert of fraud and propelling the 2022 crypto market collapse by misrepresenting his companies' finances
Kevin T. Dugan / Wall Street Journal :
Digital Currency Group agrees to settle and pay $38.5M in civil penalties to the US SEC over charges that it misled investors via crypto lender Genesis Global
a $38.5m fine from SEC US Securities and Exchange Commission : SEC Charges Digital Currency Group and Soichiro “Michael” Moro, Former CEO of Genesis Global Capital, for Misleading Investors about Gene...
The FBI arrests and charges two people in Miami over a conspiracy to steal and launder 4,100+ BTC, worth $230M+; ZachXBT says they targeted a Genesis creditor
Two suspects were arrested in Miami this week and charged with conspiracy to steal and launder over $230 million in cryptocurrency using crypto exchanges and mixing services.
Gemini will return ~$50M of digital assets to investors who were locked out of their accounts when Gemini Earn collapsed, to settle a lawsuit by New York's AG
- Attorney General Letitia James sued Gemini Trust in October — The settlement follows similar action brought against Genesis
NY AG announces a $2B settlement with crypto lender Genesis, after claiming Genesis misled investors about its Gemini Earn program, leading to $1B+ in losses
NY AG announces a $2B settlement with crypto lender Genesis, after claiming Genesis misled investors about its Gemini Earn program, leading to $1B+ in losses
WATCH NOW — New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion, in an effort to repay defrauded investors.
A US judge approves Genesis Global Capital's Chapter 11 repayment plan to return Bitcoin and other tokens to creditors, defeating a challenge by its parent DCG
- Genesis defeated a challenge by parent Digital Currency Group — Judge also approved a related settlement with the New York AG
A US judge approves Genesis' plan to sell ~$1.6B in Grayscale crypto trust shares to repay creditors, including 35M GBTC shares, worth ~$1.38B
Dietrich Knauth / Reuters :
New York Attorney General expands her October 2023 lawsuit against DCG, Genesis, and Gemini Trust, tripling the size of their alleged Gemini Earn fraud to $3B+
Claiming $3 Billion In Alleged Crypto Fraud Scheme Owotunse Adebayo / Cryptopolitan : New York demands $3 billion from DCG amid expanded lawsuit Jamie Redman / Bitcoin News : Court Filing Shows Genesi...
New York Attorney General expands her October 2023 lawsuit against DCG, Genesis, and Gemini, tripling the size of their alleged fraud from Gemini Earn to $3B+
New York Attorney General Letitia James on Friday expanded her lawsuit against Digital Currency Group and other cryptocurrency defendants …