Firm is latest casualty in sector as cryptocurrencies contagion spreads after FTX collapse The cryptocurrency lender Genesis has filed for Chapter 11 bankruptcy in the US, becoming the latest victim ...

NEW YORK--(BUSINESS WIRE)--Genesis Global Holdco, LLC (“GGH”), Genesis Global Capital, LLC (“GGC”) and Genesis Asia Pacific Pte. Ltd. (“GAP”, together with GGH and GGC, “Genesis” or the “Company”) ...

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 billions ...

A bankruptcy judge approved a chapter 11 wind-down plan for Genesis Global that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its ...

Digital Currency Group (DCG) said it's close to "reaching an agreement in principle to resolve the claims in the Genesis Capital Chapter 11 cases," according to a letter sent to shareholders Monday.

Genesis’s two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the announcement, the firm aims to enact “a global resolution to ...

Crypto lending company Genesis is seeking Chapter 11 bankruptcy protection as faltering prices and the downfall of FTX continue to rattle the industry. Genesis Global Holdco LLC and two of its lending ...

Crypto lender Genesis Global has become the latest firm to throw in the towel following the collapse of FTX, filing for Chapter 11 bankruptcy protection in New York. Cryptocurrency lender Genesis has ...

The crypto landscape has suffered another tectonic shift as crypto lender Gensis files for a Chapter 11 bankruptcy. This marks another company in the crypto space succumbing to the volatile nature of ...