- Minutes after appeals court decision that the SEC was wrong to deny GBTC conversion to an ETF, DCG announces "agreement" with Genesis. This looks like clear confirmation they were never negotiating in good faith and were just stalling for time. https://dcgupdate.com/ 6 comments btc
- One of the Digital Currency Group loans from genesis is due for 575m this month, they finally admit its an "intercompany" loan and that they will refinance the loan because they control both companies. Corrupt AF. their 1.1B IOU loan is a sham scam as well. https://dcgupdate.com/ 8 comments btc
Linking pages
- DCG's crypto lending subsidiary Genesis files for Chapter 11 bankruptcy • TechCrunch https://techcrunch.com/2023/01/19/dcgs-crypto-lending-subsidiary-genesis-files-for-chapter-11-bankruptcy/ 15 comments
- WuBlockchain Weekly:Some OTC merchants reject TRC20 USDT、Genesis owes over $3B to creditors and Top10 News https://wublock.substack.com/p/wublockchain-weeklysome-otc-merchants 12 comments
- Untangling Digital Currency Group and Gemini | Part 1 https://www.frontruncrypto.com/p/untangling-digital-currency-group 11 comments
- Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt https://cointelegraph.com/news/dutch-exchange-bitvavo-rejects-dcg-s-proposal-to-repay-70-of-debt 8 comments
- Who is Barry Silbert, the head of Genesis-owner DCG? | Reuters https://www.reuters.com/business/finance/who-is-barry-silbert-head-genesis-owner-dcg-2023-01-20/ 0 comments
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