Digital Currency Group (DCG)
Barry Silbert
DCG Packs Up Institutional Trading Platform TradeBlock
Summary:
TradeBlock will shutter its institutional trading platform come May 31, per a DCG announcement.Bloomberg reported that parent company Digital Currency Group (DCG) arrived...
Barry Silbert
Gemini And Genesis Agree On Mediation Process To Reach A Final Resolution
Gemini, Genesis, and the Digital Currency Group have agreed to start a 30-day mediation process. The mediation process, which includes the Unsecured Creditors Committee, will...
Business and Finance
Digital Currency Group (DCG) And Genesis Reach Initial Deal With Creditors
The Digital Currency Group (DCG) and Genesis have reached an in-principle agreement with the conglomerate’s main creditors. The deal involves the sale of bankrupt Genesis...
Bankruptcy
Genesis Global Capital Is Reportedly Preparing For A Bankruptcy Filing
Genesis Global Capital is reportedly preparing to file for bankruptcy.The DCG subsidiary has been in negotiations with several creditor groups. Genesis has been struggling to...
Digital Currency Group (DCG)
Gemini Co-Founder Demands Barry Silbert’s Resignation In Scathing Letter To DCG Board
Summary:
Gemini President Cameron Winklevoss said there’s no path forward as long as Barry Silbert remains CEO of Digital Currency Group.The letter demanded that...