The new proposal would involve some creditors' fronting funds to help pay others back quickly in exchange for a bigger share of any money w...

The settlement marks a significant reduction from the nearly $3.9 billion claim that FTX, which is also bankrupt, had asserted earlier this...

DCG and Gemini, the two most prominent players in the crypto industry, have clashed several times over the past few months following the co...

The lending unit of crypto firm Genesis filed for bankruptcy in January after the collapse of key counterparties including FTX caused it to...

As part of that broader effort, FTX on Wednesday said it would seek repayment of nearly $4 billion from Genesis Global Capital (GGC), the b...

In a span of less than 12 months, nearly all of the biggest cryptocurrency companies have failed spectacularly.

Crypto firms are off to a rocky start in 2023, with major players such as Coinbase Global Inc cutting jobs and Genesis Global Capital, the ...

This will make the market and its practices look more similar to lending in traditional markets, including rules on how much collateral mus...

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

Genesis, a part of Digital Currency Group, entered into a deal with Gemini in December 2020 to offer Gemini customers the chance to loan th...

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

The committee - which includes a mix of individual account holders, investment funds, and an affiliate of U.S. crypto firm Genesis - will r...

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

In the highest-profile crypto blowup to date, FTX filed for protection in the United States after traders pulled $6 billion from the platfo...

FTX, which said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganization of some...

"We have ceased trading, as we don't know which counterparties would fail next, so we would rather close out all our positions to regain so...

Islim is replacing Michael Moro, who is stepping away from the CEO role effective Wednesday, the company said.