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LEGAL

Digital Currency Group Pushes Back Against NYAG Lawsuit

Landon Manning -
Digital Currency Group files motion to dismiss NYAG criminal suit. This move comes after prolonged civil disputes between DCG subsidiary Genesis and a former business partner.
LEGAL

Shareholder Campaign Fights To Reclaim Customer Bitcoin In Grayscale Lawsuit

Craig Deutsch -
Grayscale faces a lawsuit for allegedly mismanaging their Grayscale Bitcoin Trust as well as conflicts of interest. Shareholders are invited to join the case.
LEGAL

U.S. Congressman Brad Sherman Sends Letter To SEC Chair Calling Attention To Grayscale Bitcoin Trust Situation

BtcCasey -
A member of Congress has now requested action in regards to billions of dollars locked in the Grayscale Bitcoin Trust.
BUSINESS

DCG’s Bitcoin Mining Firm Foundry To Begin Charging Fees For Services

BtcCasey -
The largest mining pool by hash rate share will no longer offer its services for free, according to a notice sent to clients.
BUSINESS

Digital Currency Group And Genesis Reach Restructuring Agreement With Creditors

BtcCasey -
The plan would see the sale of Genesis alongside other measures in a deal reached with DCG and Gemini Trust Co.
BUSINESS

Crypto Lender Genesis Files For Chapter 11 Bankruptcy

BtcCasey -
The embattled crypto lender has filed a slew of voluntary bankruptcy notices in order to restructure itself.
MARKETS

Potential Paths Forward For The Grayscale Bitcoin Trust

Dylan Leclair And Sam Rule -
An interesting saga is developing for Digital Currency Group and its Grayscale Bitcoin Trust with accusations of fraud coming from the co-founder of Gemini.
BUSINESS

Gemini’s Winklevoss Alleges DCG, Genesis Defrauded His Exchange And 340,000 Users

BtcCasey -
Cameron Winklevoss, president and co-founder of Gemini, has written an open letter demanding Barry Silbert’s removal as CEO of Digital Currency Group.
BUSINESS

Crypto Lender Genesis Is On The Chopping Block As Contagion Continues

Dylan Leclair And Sam Rule -
Genesis needs a $1 billion liquidity injection by Monday and Gemini sees significant bitcoin outflows as fears of insolvency spread throughout the industry.
BUSINESS

How Industry Financial Services Are Buoying North American Bitcoin Mining

Jessie Willms -
As more groups work to contribute Bitcoin mining hash rate from North America, industry-focused financial services providers are critical.
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