Cryptocoins News / CoinJournal - 1 month ago
Genesis settles $21M SEC penalty, permanent injunction for Gemini Earn violations.
SEC Chair Gensler emphasizes crypto compliance with securities laws.
Genesis authorized to sell $1.6B GBTC assets.
Genesis Global Capital has agreed to pay a $21 mil...
Bitcoin News / Bitcoin.com - 1 month ago
Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of...
Bitcoin News / Bitcoin.com - 1 month ago
Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case n...
Cryptocoins News / EthereumWorldNews - 1 month ago
Online gambling establishments have actually come to be progressively preferred, using convenient access to a vast array of gambling establishment video games and the possibility to win actual cash. Nonetheless, among one of the most crucial facets o...
Cryptocoins News / Blockchain - 1 month ago
FTX and Alameda have agreed to an "in principle" settlement with BlockFi, potentially paying up to $874 million, marking a significant development in the ongoing bankruptcy saga. (Read More)
Cryptocoins News / Blockchain - 2 months ago
ShapeShift AG has settled with the U.S. Securities and Exchange Commission (SEC) for operating as an unregistered dealer of crypto asset securities, agreeing to a cease-and-desist order and a $275,000 penalty. (Read More)
Cryptocoins News / EthereumWorldNews - 2 months ago
When it comes to dipping into online gambling establishments, among the most crucial elements to think about is the repayment approach you make use of. A trusted and secure repayment method not just ensures smooth deals yet additionally safeguards yo...
Bitcoin News / Bitcoin Magazine - 2 months ago
Instant settlement profoundly transforms our behavior as it reconnects us with the elemental laws of nature. The existing paradigm mirrors the primal imperative of reaping benefits in exchange for labor–working to survive, but the pay-per-time system...
Bitcoin News / Bitcoin.com - 2 months ago
Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval, signifies a major...
Bitcoin News / Bitcoinist - 2 months ago
On Wednesday, crypto exchange Gemini announced that it had agreed with the New York State Department Of Financial Services (NYDFS) to return over $1 billion to the Earn Program Customers.
Repayment Of All Customer At Today’s Prices
On February 28, G...
Cryptocoins News / Blockchain - 2 months ago
DFS mandates Gemini to refund $1.1B to Earn users and pay a $37M fine due to oversight failures. (Read More)
Bitcoin News / Bitcoin.com - 2 months ago
In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $1 billion to its customers. The settlement, which also includes a $37 million fine, comes a...
Bitcoin News / Bitcoinist - 2 months ago
In a surprising twist, Digital Currency Group (DCG), the parent company of defunct crypto lender Genesis Capital, has contested the settlement agreement reached with the New York Attorney General’s (NYAG) office, citing alleged violations of th...
Bitcoin News / Bitcoin Magazine - 2 months ago
Somebody, somewhere, at some point decided they would destroy the competition by creating a barrier to entry. They made the barrier high so they could feel safe. It is logical to put a fence around your property, and perfectly fine to do so. The prob...
Bitcoin News / Bitcoinist - 2 months ago
In the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC), speculation regarding a potential settlement has been met with skepticism and outright dismissal by several legal authorities closely monitoring the case. Thi...
Bitcoin News / Bitcoinist - 2 months ago
In a closely watched legal battle that carries significant consequences for the crypto market, the lawsuit between Ripple and the US Securities and Exchange Commission (SEC) could be resolved through a settlement.
Intriguingly, the outcome of the ca...
Bitcoin News / Bitcoin.com - 2 months ago
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company...
Bitcoin News / Bitcoinist - 2 months ago
In a recent development, Genesis Global, the bankrupt cryptocurrency lender, has settled a lawsuit filed by New York Attorney General Letitia James, as reported by Bloomberg.
The lawsuit alleged that Genesis defrauded customers of its now-terminate...