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Police & Regulations
Genesis Global Resolves New York Legal Dispute with $8 Million Settlement
Genesis Global Trading, a cryptocurrency lending firm, ceases New York operations, surrenders BitLicense in $8 million settlement over money laundering and fraud charges, addressing regulatory deficiencies and legal challenges.
Jan 13, 2024 at 09:50 am
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Bitcoin
Enigmatic $1.2M Bitcoin Transfer Fuels Speculation Surrounding Satoshi Nakamoto's Identity
Recent $1.2M Bitcoin infusion into the original mining address sparks crypto intrigue. The mysterious transfer, post-Bitcoin network's 15th anniversary, fuels speculation—ETF marketing stunt or Nakamoto's identity coercion amid tax changes.
Jan 9, 2024 at 08:03 am
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Police & Regulations
Genesis Ownership Restriction Upheld During Bankruptcy Proceedings, Decides Judge
Genesis, a cryptocurrency lender, takes legal action to protect $700 million in tax benefits during bankruptcy. Court bars DCG from altering ownership until Chapter 11 concludes, crucial for reorganization
Dec 21, 2023 at 01:09 pm
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Cryptocurrency
Crypto Quandary: Gemini's Dilemma
Gemini's crypto community faces a contentious vote on a proposed repayment plan as they grapple with the aftermath of partner Genesis's bankruptcy, leaving users skeptical amid concerns over fair compensation and transparency.
Dec 15, 2023 at 09:34 am
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Bitcoin
Genesis Bitcoin Pioneer Allegedly Transfers 1,000 'Satoshi Legacy' BTC to Trading Platforms in Recent Move
Significant Bitcoin transfer this week: 1,000 'Satoshi era' BTC, mined in 2010, worth $40 million moved to trading desks. Analysts speculate on early miner's actions and market optimism
Dec 8, 2023 at 12:36 pm
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Police & Regulations
Genesis-DCG's Legal Resolution: Proposal to Settle Lawsuit Through Bankruptcy Filing
DCG and Genesis Global forge a resolution through a bankruptcy filing, settling a legal dispute over $620 million. DCG has paid $227.3 million, with a repayment plan totaling $275 million
Dec 2, 2023 at 10:51 am
Trending
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Unlocking the Future: Xverse Wallet's Comprehensive Guide to Bitcoin Runes and the Upcoming Halving
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Hong Kong Moves Closer to Spot ETF Launch for Bitcoin and Ethereum
Press Releases
Unlocking the Future: Xverse Wallet's Comprehensive Guide to Bitcoin Runes and the Upcoming Halving
Hong Kong Moves Closer to Spot ETF Launch for Bitcoin and Ethereum
UK Unveils Framework for Digital Securities Sandbox Regulations
Crypto Odyssey: VanEck's Vision Unveiled
CryptoGuard: Unveiling the 2023 Hack Landscape
Deep Dives
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Unveiling the IRS Crackdown: Crypto Tax Evasion in the Crosshairs for 2024
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CryptoLaunder Quartet: Unveiling the $80M Scam
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Crypto Clash: SEC Standoff with Coinbase
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