Cryptocoins News / The Cointelegraph - 1 year ago
Grayscale had expected it wouldn’t be able to voice arguments until the second quarter, and is calling the quicker timeline “welcome news.” A United States appeals cou...
Cryptocoins News / The Cointelegraph - 1 year ago
Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit. Troubled cryptocurrency company D...
Bitcoin News / Bitcoin.com - 1 year ago
An Indian government official says that there is currently nothing that outlaws crypto in India “as long as you follow the legal process.” Meanwhile, the country’s central bank, the Reserve Bank of India (RBI), has stressed that ...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to sup...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Genesis filed for bankruptcy protection late on Thursday revealing $3.6 billion owed to the top 50 creditors.Top unsecured claimants included Gemini, Babel Finance, VanEck, and Cumberland among others.Gemini President Cameron Winklevoss...
Bitcoin News / Bitcoin.com - 1 year ago
Ripple CEO Brad Garlinghouse says that he is “optimistic” that the Securities and Exchange Commission (SEC) lawsuit over xrp “will certainly be resolved in 2023.” He added that it could even be resolved in...
Bitcoin News / Bitcoinist - 1 year ago
Apart from the court battle between Ripple and the US Securities and Exchange Commission, the airdrop of the Flare Network Token (FLR) has caused quite a stir in the XRP community in recent weeks. After more than two years, XRP holders finally receiv...
by COINS NEWS - 1 year ago
As we all know, following the whole debacle of Logan Paul's Cryptozoo and after Coffeezilla made an amazing series of videos explaining how everyone in that team was a huge scumbag and scammer, Logan Paul made a video himself trying to debunk Cof...
Bitcoin News / Bitcoinist - 1 year ago
The U.S. Securities and Exchange Commission (SEC) announced on Thursday, January 12 it had filed charges against Genesis Global Capital LLC and Gemini Trust Company LLC. The charges bordered on the illegal sale of unregistered securities to numerous...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered offering, Genesis and Gemini raised billions...
Bitcoin News / Bitcoinist - 1 year ago
The fate of Genesis Trading, Digital Currency Group (DCG) and the Grayscale Bitcoin Trust (GBTC) continues to hang by a thread after Cameron Winklevoss took another step in the escalation over Gemini Earn customer funds with a new open letter on Tues...
Cryptocoins News / Blockchain - 1 year ago
The CFTC is seeking a default judgment against Ooki DAO. DAO missed the lawsuit response deadline. The record of default will show that the DAO did not appear in court. The court issues a default judgment if the defendant fails to defend a case. (Rea...
Cryptocoins News / The Cointelegraph - 1 year ago
The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline. The C...
Bitcoin News / Bitcoinist - 1 year ago
Binance’s BUSD stablecoin is currently one of the largest in the crypto sector, but there have been concerns about the stability of the asset, especially with the collapse of the Terra UST stablecoin. Most concerns were raised around the collateral u...
Cryptocoins News / The Cointelegraph - 1 year ago
Terraform Labs is the founder of US Dollar Terra (UST), an algorithmic stablecoin that lost its peg in May. Albright Capital has dropped its lawsuit against Terraform...
Bitcoin News / Bitcoinist - 1 year ago
The plaintiffs in a class action lawsuit against TerraUSD and its affiliated companies voluntarily dismissed their case on Monday.
Matthew Albright filed the lawsuit on behalf of others against Terraform Labs (TFL), Pte Limited, and other affiliates...