3 / 4 Relevant items tagged with #DCG

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Crypto Lender Genesis Files For Chapter 11 Bankruptcy

[Jan 20, 2023 2:03 PM] The embattled crypto lender has filed a slew of voluntary bankruptcy notices in order to restructure itself.Genesis’s two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the…

Potential Paths Forward For The Grayscale Bitcoin Trust

[Jan 13, 2023 2:00 AM] An interesting saga is developing for Digital Currency Group and its Grayscale Bitcoin Trust with accusations of fraud coming from the co-founder of Gemini.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's…

These Altcoins Will Be Hit The Hardest If DCG And Grayscale Fall

[Jan 3, 2023 5:30 AM] The pressure on the Digital Currency Group (DCG) and Grayscale continues to mount. The Winklevoss twins have given DCG an ultimatum of January 8th to return the $900 million Gemini Earn customer funds, while the users themselves have filed a class…

Why The GBTC Discount Could Lead To A Bitcoin Sell-Off

[Dec 12, 2022 4:00 PM] Grayscale Bitcoin Trust (GBTC) remains the largest bitcoin trust in the world with billions of dollars worth of BTC, but in the last year, the trust has had a hard time keeping up with the market. The result of this has been a large premium that…