Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

According to a shareholdersletter 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. Väärtpaberi- ja börsikomisjon (SEC) charging a subsidiary firm of DCG,…

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter,…

Demand for Arbitration Filed Against Genesis Global Capital, DCG — Firm Accused of ‘Ochestrating a Sham Transaction’

Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. Lisaks, the three users assert that all transactionsconstituted unregistered sales of securities”…

Aruanne: Genesis võlgneb Gemini klientidele $900 Miljon, Exchange üritab varasid tagasi saada

Financial Timesi värske raporti kohaselt (FT), Genesis Global Capital on väidetavalt võlgu $900 miljonit Gemini klientidele. Cameroni ja Tyler Winklevossi juhitav börs üritab Genesisest raha tagasi saada, FT allikate järgi. Aruanne…

Aruanne: Riigi väärtpaberiturujärelevalve asutused uurivad krüpto laenuandjate teket

Riigi väärtpaberiregulaatorid uurivad väidetavalt Genesis Global Capitali laiaulatuslikku uurimist "krüptofirmade vastastikuse seotuse kohta",Barron’s teatas reedel. Aruandes märgitakse, et Alabama väärtpaberikomisjon uurib, kas krüptovaluutaettevõtetel on või mitte.…