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Latest #Genesis

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.
HANZO
Jan 13, 2024 at 09:50 am
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.
HANZO
Jan 9, 2024 at 08:03 am
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
HANZO
Dec 21, 2023 at 01:09 pm
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.
Martin Walker
Dec 15, 2023 at 09:34 am
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
HANZO
Dec 8, 2023 at 12:36 pm
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
HANZO
Dec 2, 2023 at 10:51 am

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