Crypto Exchange Gemini Tables 'Final' $1.5B Offer for Barry Silbert's DCG

Gemini again threatened a lawsuit against DCG and Barry Silbert if they fail to accept the latest offer by July 6, saying “your games are over.”

• 2023-07-04
• Cameron Winklevoss Barry Silbert DCG Silbert

Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis

Creditors of the crypto financial firm Genesis call for $1.5 billion of forbearance payments and loans denominated in dollars, bitcoin and ether, according to a term sheet posted on Twitter by the Gemini co-founder.

• 2023-07-04
• Cameron Winklevoss Barry Silbert DCG

Billionaire Winklevoss Outlines ‘Final Offer’ in Genesis Crypto Bankruptcy

(Bloomberg) -- Billionaire Cameron Winklevoss, co-founder of the Gemini Trust Co. crypto platform, outlined what he termed a “best and final offer” for digital-asset lender Genesis Global Holdco’s bankruptcy restructuring.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandMusk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest PeopleB

• 2023-07-04
• Cameron Winklevoss Bloomberg Genesis Global Trading DCG Genesis Global Winklevoss

First Mover Americas: Bitcoin Price Edges Lower, Tron Rallies

The latest price moves in bitcoin (BTC) and crypto markets in context for May 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

• 2023-05-22
• Joe Biden DCG Digital Currency Group Bitcoin Securities Commission Malaysia U.S. Securities and Exchange Commission

First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top

The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

• 2023-05-03
• Labor Turnover Survey cryptocurrency exchange DCG trading volume Bitcoin PEPE Digital Currency Group

Bankrupt Crypto Lender Genesis Seeks Mediator as DCG Deal Hits Impasse

(Bloomberg) -- Bankrupt crypto lender Genesis Global Holdco LLC asked the judge overseeing its reorganization to appoint a mediator in order to save the outline of a deal with its parent, Digital Currency Group. Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice

• 2023-04-25
• Bloomberg DCG Genesis Global bankruptcy filing Digital Currency Genesis Global Holdco LLC

Santander, HSBC, Deutsche and Others Still Willing to Serve Crypto Clients After Banking Failures, DCG Says

Major banks are still willing to work with crypto firms though they may implement service restrictions, according to messages viewed by CoinDesk.

• 2023-03-14
• Deutsche Bank Signature Bank Bridge Bank Silicon Valley Bank DCG Bank Leumi Bank of America banking accounts HSBC Senate Banking Committee

First Mover Asia: Bitcoin Flirts With $23.4K as Jerome Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors

ALSO: Stakeholders in the venture capital industry explain why embattled crypto trading firm Alameda Research will not be missed. Bitcoin and ether rise.

• 2023-02-08
• Alameda Research Jay Powell DCG Sam Bankman Fried crypto investment

Silbert, Winklevoss Twins End Crypto Spat Over Bankrupt Genesis

(Bloomberg) -- The squabble between crypto billionaires Cameron and Tyler Winklevoss and Digital Currency Group’s Barry Silbert appears to be over, paving the way for a resolution of one of the industry’s biggest bankruptcies. An emerging accord may end a months-long impasse that boiled over into a nasty public spat and left 340,000 of the twins’ Gemini Trust Co. customers in limbo.Most Read from BloombergQuakes Kill 2,500 in Turkey and Syria; Millions Lose PowerTurkey’s South Hit by a Second Hi

• 2023-02-07
• Bloomberg Tyler Winklevoss Genesis Global DCG Digital Currency Cameron Winklevoss Winklevoss twins Barry Silbert Gemini Trust Co. Genesis Global Trading

Genesis, DCG, Gemini reach bankruptcy agreement: source

Genesis, Gemini, and crypto giant DCG have reached an agreement to settle outstanding issues raised as part of Genesis' bankruptcy filing earlier this month.

• 2023-02-07
• Digital Currency Group Cameron Winklevoss DCG term sheet federal bankruptcy court repayment plan unsecured creditors