Crypto Broker Genesis' CEO Tells Clients It Needs More Time to Sort Out Finances
Genesis halted withdrawals in November in aftermath of FTX's collapse.
Bitcoin Trading Flat Below $17K on Its 14th Birthday
Bitcoin (BTC) is trading around $16,600 as Gemini co-founder accused Digital Currency Group CEO Barry Silbert of “bad faith stall tactics.” Silbert responded, saying his firm submitted a proposal to Genesis and Gemini’s advisers last Thursday. DCG is the parent company of CoinDesk. Sean Farrell, Global Advisors Head of Digital Asset Strategy at research firm Fundstrat, shares his crypto markets analysis.
Grayscale Bitcoin Trust Trading at 45% Discount Amid Gemini, DCG Dispute
Grayscale Bitcoin Trust shares are trading at a 45% discount, according to YCharts. This comes as the co-founder of crypto exchange Gemini has accused Digital Currency Group CEO Barry Silbert of “bad faith stall tactics” as their respective companies lock horns over a business disagreement precipitated by FTX’s multi-billion-dollar implosion late last year. DCG is the parent company of Grayscale and CoinDesk.
Gemini, DCG Dispute Is 'Not a Headwind For the Market': DFD Partners President
Gemini co-founder Cameron Winklevoss accuses DCG CEO Barry Silbert of “bad faith stall tactics” as the respective companies lock horns over a business disagreement precipitated by FTX’s implosion. DFD Partners President Bilal Little weighs in on the market's impact of this development. DCG is the parent company of CoinDesk.
Gemini Co-Founder Accuses DCG’s Silbert of 'Bad Faith' Stalling in $900M Locked Funds Dispute
Cameron Winklevoss, co-founder of crypto exchange Gemini, has accused Digital Currency Group (DCG) CEO Barry Silbert of "bad faith stall tactics" as their respective companies lock horns over a business disagreement precipitated by FTX's multi-billion-dollar implosion late last year. DFD Partners President Bilal Little discusses what this means for the crypto markets. DCG is the parent company of CoinDesk.
First Mover Americas: Legal Troubles Brewing at Digital Currency Group
The latest price moves in crypto markets in context for Jan. 3, 2023.
Genesis-DCG Loan Leads to Class-Action Arbitration Case From Gemini Clients
Claimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of 2022, while hiding its insolvency from lenders like Gemini.
Gemini Co-Founder Accuses DCG’s Silbert of 'Bad Faith' Stalling in $900M Locked Funds Dispute
Silbert responded, saying his firm submitted a proposal to Genesis’ and Gemini’s advisers last Thursday.
First Mover Americas: Gemini Sued Over Interest-Earning Product
The latest price moves in crypto markets in context for Dec. 29, 2022.
