Search Results for: probed

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

by

According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG,…

Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

by

According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Report…

Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform

by

Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said. Shareholders…