Search Results for: shareholder letter,

Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

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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. Wertpapier- und Börsenkommission (SEK) charging a subsidiary firm of DCG,…

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

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Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, bis zu $1 Milliarde,…

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

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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. Prüfbericht…

Prüfbericht: State Securities Regulators Probe Crypto Lender Genesis

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State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have…

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’

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According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 Milliarde. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent…

Teslas Elon Musk bietet Twitter zum Kauf an $41 Milliarde, Sagt, er will es zu einem Privatunternehmen machen

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Tesla-Milliardär Elon Musk hat angeboten, Twitter zu kaufen $41.4 Milliarde, laut einer Securities and Exchange Commission (SEK) Einreichung am Donnerstag veröffentlicht. Musk also explained in his note that he believes Twitter should be a private company and he…