U.S. Court Approves Genesis Plan To Sell $1.6B In GBTC Shares

From Litigation to Settlement: Genesis Global Holdco's $21 Million Deal with the SEC

The $21 million Genesis-SEC settlement signifies a pivotal shift in crypto regulation, impacting Genesis, its affiliates, and setting a precedent for industry-wide regulatory compliance.

Genesis Global Capital Wants $689 Million From Gemini Trust, Takes Them to Court

The claim alleges that Gemini's preferential transfers of funds from Genesis unfairly disadvantaged other creditors, prompting a plea to the court for rectification.

Genesis Global Capital Under Scrutiny By US State Regulators

Crypto trading firm Genesis is reportedly under the lens of regulators in the state of Alabama and other U.S. states.

Genesis Global Capital to Explore Options Including Bankruptcy

Separately, the CEO of Genesis' parent company disclosed that it had a roughly $575 million liability to Genesis.

Bernstein Says Grayscale Bitcoin Trust Is Protected From Fallout at Sibling Company Genesis Global

If Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said.

Tether Confirms Zero Exposure to Genesis Global or Gemini Earn

The statement was released in response to reports that Genesis Global and the Gemini exchange have stopped allowing withdrawals.

Genesis Global Capital Suspends Withdrawals and Granting Loans

This comes after the collapse of hedge fund Three Arrows Capital and crypto exchange FTX.

Crypto Exchange Huobi Global Will Sell Its Entire Stake To About Capital

Huobi Global has mentioned that its founder is now planning to sell his controlling stake to buyout firm About Capital Management (HK) Co.

Huobi Global Cryptocurrency Exchange Review (2022)

Huobi Global launches $1B investment arm focused on DeFi and Web3

The bear market in crypto hasn’t deterred venture capital firms from investing heavily in blockchain and Web3 projects.