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Genesis Global Holdco LLC, the parent company of embattled crypto lender Genesis, filed for Chapter 11 bankruptcy protection late Thursday night in the Southern District of New York after it ...
Bankrupt crypto lender Genesis Global and a major creditor group have reached a new agreement with its parent company and largest borrower, Digital Currency Group, paving a way for resolving ...
Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency Group (DCG), filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday ...
According to Thursday reports, Genesis Global Markets is working with the investment bank Moelis & Company on potential solutions to its financial woes and is considering chapter 11 bankruptcy ...
A bankruptcy judge approved a chapter 11 wind-down plan for Genesis that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its ...
In a continued breakdown of the cryptocurrency industry, virtual lender Genesis filed for Chapter 11 bankruptcy late Thursday, listing liabilities of up to $11 billion.