Dcg

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.

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

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

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

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

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

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.

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

Genesis needs a $1 billion liquidity injection by Monday and Gemini sees significant bitcoin outflows as fears of insolvency spread throughout the industry.

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