An investigation by The Times found the administration’s change in enforcement benefited the industry, including companies that had ties to the president.
Category: Genesis Global Capital
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New York Attorney General Sues Crypto Firms in $1 Billion Fraud Case
Letitia James has accused Gemini Trust, Genesis Global Capital and Digital Currency Group of misleading investors in a program promising low risk and high returns.
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A $700 Million Bonanza for the Winners of Crypto’s Collapse: Lawyers
Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX.
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Genesis, a Crypto Lending Firm, Files for Bankruptcy
Genesis was caught in the fallout of the collapse of FTX, the crypto exchange founded by Sam Bankman-Fried.
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The S.E.C.’s Crypto Crackdown Intensifies
The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions.
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SEC Charges Crypto Companies With Offering Unregistered Securities
The S.E.C. charged Genesis Global Capital and Gemini Trust, which is run by Cameron and Tyler Winklevoss, as crypto companies face heightened regulatory scrutiny.
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Big Job Cuts are Coming to Goldman Sachs
The firm’s chief executive, David Solomon, has given the task of determining which divisions will be affected to a chief lieutenant.
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Tesla Investors Fear for a Tough 2023
A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
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Genesis, the Troubled Crypto Lender, Hires a Restructuring Adviser
The firm has been under pressure from its creditors since the crypto exchange FTX began to unravel this month.