barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (2024)

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New York recovers $50 million for defrauded Gemini Earn crypto investors Follow the decentralised money: Tracing the most influential crypto whales FTX-tied Alameda Research drops lawsuit against Grayscale Crypto exchange Bullish buys news website CoinDesk The other crypto bosses in US authorities' crosshairs NY Attorney General sues crypto firms Gemini, DCG, Genesis for 'fraud' Genesis Global Capital seeks to recoup over $600 million unpaid loans from DCG Crypto lender Genesis, parent firm DCG reach in-principle deal with creditors: court filing Crypto firm Gemini sues DCG after conflict over unit's restructuring deal Deadline set by crypto's Winklevoss looms for Genesis repayment deal Lending unit of crypto firm Genesis files for US bankruptcy CoinDesk broke big news about FTX. Now the news is closer to home. US securities regulator charges Genesis, Gemini with unregistered offerings Crypto empire DCG faces US investigation over internal transfers Tech companies keep slashing jobs in uncertain 2023 economy Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit Crypto broker Genesis owes Gemini's customers $900 million: report US crypto broker Genesis says it is working to avoid bankruptcy filing Days of torrid Dogecoin gains erased as Elon Musk ‘Saturday Night Live’ episode airs Crypto Exchange Unocoin raises USD 3.6 mn from Draper Associates, others Crypto exchange Unocoin raises undisclosed funding from Tim Draper Bengaluru-based Bitcoin startup Unocoin raises Rs 10 crore Pay through Bitcoin soon! Indian investors show interest in online payment system Bitcoin goes luxe with site selling private islands, gold mines Bitcoin rift sees currency enthusiasts ditching iPhones

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barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (1)

New York recovers $50 million for defrauded Gemini Earn crypto investors

NY AG Letitia James recovers $50 million from Gemini Trust to repay investors in Gemini Earn program, run by Winklevoss twins. Gemini to provide full recoveries to 230,000+ investors, ban on crypto lending programs in NY.

barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (2)

Follow the decentralised money: Tracing the most influential crypto whales

Crypto whales with large holdings like Satoshi Nakamoto and Grayscale Investments significantly influence cryptocurrency markets. Their actions shape trends and investor sentiment, impacting the ecosystem's health and future growth.

barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (3)

FTX-tied Alameda Research drops lawsuit against Grayscale

Grayscale CEO Michael Sonnenshein was named in the lawsuit along with parent company Digital Currency Group (DCG) and its CEO, Barry Silbert.

barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (4)

Crypto exchange Bullish buys news website CoinDesk

Financial terms of the deal, which was first reported by the Wall Street Journal, weren't disclosed.

barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (5)

The other crypto bosses in US authorities' crosshairs

Onetime crypto poster child Sam Bankman-Fried was found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a high-profile criminal case that rocked the industry. But he's not the only one in regulators' sights.

barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (6)

NY Attorney General sues crypto firms Gemini, DCG, Genesis for 'fraud'

New York Attorney General Letitia James has filed a lawsuit against cryptocurrency firms Genesis Global, Digital Currency Group (DCG), and Gemini, accusing them of defrauding investors of over $1 billion. The lawsuit seeks restitution for investors, disgorgement of ill-gotten gains, and a ban on the three firms from the financial investment industry in New York.

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    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (7)

    Genesis Global Capital seeks to recoup over $600 million unpaid loans from DCG

    Genesis said recovering the unpaid sums would offer a "significant benefit" to its bankruptcy estate, but that DCG is "wrongfully in possession."

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (8)

    Crypto lender Genesis, parent firm DCG reach in-principle deal with creditors: court filing

    Genesis filed for bankruptcy in January owing at least $3.4 billion to creditors and reached an agreement in principle on a restructuring plan, supported by Digital Currency Group, and its primary creditors, including Gemini, in February.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (9)

    Crypto firm Gemini sues DCG after conflict over unit's restructuring deal

    DCG and Gemini, the two most prominent players in the crypto industry, have clashed several times over the past few months following the collapse of Genesis, which had filed for bankruptcy in January.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (10)

    Deadline set by crypto's Winklevoss looms for Genesis repayment deal

    The lending unit of crypto firm Genesis filed for bankruptcy in January after the collapse of key counterparties including FTX caused it to freeze customer redemptions in November. Genesis is owned by venture capital firm Digital Currency Group (DCG).

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (11)

    Lending unit of crypto firm Genesis files for US bankruptcy

    Genesis Global Capital, one of the largest crypto lenders, froze customer redemptions on November 16 after FTX stunned the financial world with its bankruptcy.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (12)

    CoinDesk broke big news about FTX. Now the news is closer to home.

    Complications for CoinDesk are even greater. One of the businesses owned by its parent company, Digital Currency Group, a venture capital firm with stakes in numerous crypto projects, faces its own financial troubles and questions about its operations. It is part of the broader fallout in the crypto industry since FTX's collapse.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (13)

    US securities regulator charges Genesis, Gemini with unregistered offerings

    Genesis, a part of Digital Currency Group, entered into a deal with Gemini in December 2020 to offer Gemini customers the chance to loan their crypto assets to Genesis in exchange for earning interest, the SEC said.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (14)

    Crypto empire DCG faces US investigation over internal transfers

    Prosecutors have started requesting interviews and documents, one of the people said. The Securities and Exchange Commission is also conducting an investigation, another person said. The probes are in early phases and neither Silbert, Digital Currency Group, nor any of its subsidiaries have been accused of wrongdoing.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (15)

    Tech companies keep slashing jobs in uncertain 2023 economy

    In November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 over the course of the year

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (16)

    Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit

    The fallout from the collapse of crypto exchange FTX and criminal charges leveled against its founder Sam Bankman-Fried weighed heavily on the sector this week.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (17)

    Crypto broker Genesis owes Gemini's customers $900 million: report

    Crypto exchange Gemini is trying to recover the funds after Genesis was wrongfooted by last month's failure of Sam Bankman-Fried's FTX crypto group

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (18)

    US crypto broker Genesis says it is working to avoid bankruptcy filing

    "Our goal is to resolve the current situation in the lending business without the need for any bankruptcy filing," a Genesis spokesperson said.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (19)

    Days of torrid Dogecoin gains erased as Elon Musk ‘Saturday Night Live’ episode airs

    Dogecoin, a cryptocurrency that started as a joke in 2013, has surged more than 20,000% in the past year, according to CoinGecko. Musk has been among its biggest boosters, along with Mark Cuban, Snoop Dogg and Gene Simmons.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (20)

    Crypto Exchange Unocoin raises USD 3.6 mn from Draper Associates, others

    The company series A funding round is targeted at USD 5 million. The company plans to complete this round of funding by the end of this month, he said.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (21)

    Crypto exchange Unocoin raises undisclosed funding from Tim Draper

    Following the lifting of the Reserve Bank of India’s ban on digital asset trading, Unocoin’s latest fundraise will bolster its continued growth in India, allow it to build a stronger technology team, and enhance its product infrastructure and offerings.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (22)

    Bengaluru-based Bitcoin startup Unocoin raises Rs 10 crore

    Started in 2013, Unocoin operates BTC (Bitcoin)-INR trading platform which enables people to buy, sell, store, use and accept bitcoin.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (23)

    Pay through Bitcoin soon! Indian investors show interest in online payment system

    Angel investors and venture capitalists have approached experts, lawyers and startups following the formation of The Bitcoin Alliance India.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (24)

    Bitcoin goes luxe with site selling private islands, gold mines

    The number of listings on BitPremier took off when the price of one bitcoin skyrocketed to $1,137 at the end of November 2013 from $12 at the start of the year.

    barry silberts digital currency group: Latest News & Videos, Photos about barry silberts digital currency group | The Economic Times - Page 1 (25)

    Bitcoin rift sees currency enthusiasts ditching iPhones

    Apple’s decision to remove a program used to send and receive Bitcoins from its App Store has not gone down well with Bitcoin currency enthusiasts.

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