![Gemini, Genesis motions to dismiss SEC Earn complaint denied](https://crypto.news/app/uploads/2023/09/crypto-news-court-session-blurry-figures-sitting-in-chairs-judge-with-arm-raised-nft-background-day-light-realist-v5.2-880x525.png)
Genesis News
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Latest Genesis News
![Genesis moves $760m BTC to Coinbase amid sell-off](https://crypto.news/app/uploads/2024/06/crypto-news-bitcoin-option64-880x523.webp)
News
A wallet linked to crypto lender Genesis has transferred 12,600 Bitcoin (BTC) worth approximately $760 million to crypto exchange Coinbase. On-chain data tracked by Arkham shows the addressed labeled “Genesis Trading” moved the funds to the exchange amid the broader…
![Germany’s BTC selling nears an end with only 4,925 Bitcoin left to transfer](https://crypto.news/app/uploads/2023/11/crypto-news-Germany04-880x525.webp)
News
German authorities sold 10,567 BTC worth $600 million today, significantly contributing to an 18% drop in Bitcoin’s price over the past month, alongside sell-offs from Mt. Gox and Genesis Trading. As of 1:00 p.m. EST, Thursday, July 11, the wallets…
![Gemini to finally pay Earn clients. Is it the end of a 1.5 year-conflict?](https://crypto.news/app/uploads/2024/05/crypto-news-Winklevoss-brothers-option01-880x525.webp)
Follow-up
The case of clients’ money from Gemini’s Earn program, frozen for a year and a half, is finally moving toward a resolution. On May 17, Judge Sean H. Lane approved Genesis’ Chapter 11 bankruptcy plan. The decision will allow the…
![New York Attorney General concludes $2b Genesis settlement](https://crypto.news/app/uploads/2022/11/Genesis_generic_-_3-880x525.jpg)
News
The New York Attorney General Letitia James has reached a $2 billion settlement with Digital Currency Group subsidiary Genesis.
![Genesis Global gets court approval to distribute billions to creditors, DCG challenge gets rejected](https://crypto.news/app/uploads/2023/07/crypto-news-Bankruptcy-office-blurry-background-low-poly-style-880x525.jpg)
News
Genesis Global, the digital assets lender that went bankrupt last year, received court approval to pay billions in cash and crypto to creditors. The judge also rejected a legal challenge from Genesis Global's parent company, DCG.
![Genesis buys $2.1b of Bitcoin after selling 36m GBTC shares](https://crypto.news/app/uploads/2024/03/crypto-news-Bitcoin-halving-option04-880x525.png)
News
Troubled crypto lending firm Genesis has reportedly bought $2.1 billion worth of Bitcoin (BTC) after selling off approximately 36 million shares of the Grayscale Bitcoin Trust (GBTC).
![Genesis agrees to pay $21m penalty to settle SEC charges](https://crypto.news/app/uploads/2023/11/crypto-news-The-US-Securities-and-Exchange-Commission-SEC04-880x525.webp)
News
Genesis Global Capital will pay a $21 million fine and enter a permanent injunction to resolve the SEC’s allegations. Genesis will seek an injunction alleging that it offered and sold securities without proper registration, according to a March 19 SEC…
![Gemini, Genesis motions to dismiss SEC Earn complaint denied](https://crypto.news/app/uploads/2023/09/crypto-news-court-session-blurry-figures-sitting-in-chairs-judge-with-arm-raised-nft-background-day-light-realist-v5.2-880x525.png)
News
A U.S. judge found that a lawsuit alleging securities violation by crypto companies Gemini and Genesis was plausible.
![Crypto exchange Gemini planned public debute via Genesis merger, court documents show](https://crypto.news/app/uploads/2024/01/crypto-news-trading-chart-front-side-view-Exchange-building-background-bright-neon-colors-option09-880x525.webp)
News
Winklevoss’ crypto exchange Gemini was exploring an option to merge with crypto broker Genesis to compete with Coinbase and FTX. In October 2022, just a month before FTX filed for bankruptcy, Gemini co-founder Cameron Winklevoss discussed at a lunch with…
![Digital Currency Group submits request to cancel New York AG lawsuit](https://crypto.news/app/uploads/2023/10/crypto-news-filing-a-lawsuit-two-figures-sitting-on-the-table-day-light-blue-and-white-colors-low-poly-style-v5.2-1-880x525.png)
News
Digital Currency Group, its subsidiary Genesis Global Capital, and DCG's founder and CEO, Barry Silbert, filed motions to dismiss a lawsuit filed by the New York Attorney General.
![Grayscale continues Bitcoin sell-off on Coinbase with $175m transfer](https://crypto.news/app/uploads/2024/02/crypto-news-Bitcoin-ETF-option09-880x525.webp)
News
Crypto asset manager Grayscale has made a strategic move by transferring 3,443.1 Bitcoin, amounting to over $175 million, to an address associated with the Coinbase exchange.
![DCG files objection in bankruptcy court, calls out Genesis’ settlement subversive](https://crypto.news/app/uploads/2023/11/crypto-news-The-US-Securities-and-Exchange-Commission-SEC06-880x525.webp)
News
Digital Currency Group (DCG) opposes the settlement between the New York Attorney General and Genesis. DCG filed a new application following an agreement with the prosecutor and Genesis, a bankrupt crypto lender that was one of DCG’s companies. Company executives…
![Genesis granted court permission to sell $1.6b Grayscale GBTC shares](https://crypto.news/app/uploads/2024/02/crypto-news-cryptocurrencies-to-consider-in-202403-880x525.webp)
News
Grayscale’s GBTC may experience new sell pressure and outflows following a ruling in the Genesis bankruptcy case on Feb. 14.
![New York extends lawsuit against DCG to $3b after Genesis settlement](https://crypto.news/app/uploads/2023/11/crypto-news-New-York-top-side-view-blurry-blockchain-background-low-poly-style02-880x525.webp)
News
New York Attorney General Letitia James has revised a lawsuit against DCG and its affiliate Gemini Trust Co., escalating the demand for restitution to $3 billion.
![Bankrupt lender Genesis Global strikes settlement over NY fraud claims](https://crypto.news/app/uploads/2023/10/crypto-news-Decentralization-is-security01-880x525.webp)
News
Genesis Global, a bankrupt cryptocurrency lender, has reached a settlement with New York Attorney General Letitia James over allegations of defrauding customers through its now-defunct Gemini Earn program. The latest settlement aims to return assets to former Earn customers and…
![Bankrupt Genesis seeks to sell over $1b worth of Bitcoin trust shares](https://crypto.news/app/uploads/2024/01/crypto-news-broken-bitcoin-option02-880x525.webp)
News
Genesis Global Capital, a subsidiary of the embattled Genesis Global Holdco, has petitioned the U.S. Bankruptcy Court for the Southern District of New York for permission to conduct a massive sale of its assets
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