BITPRISMIA
Genesis Trading, currently navigating bankruptcy proceedings, has moved 40,000 ETH, $126.8 million, to two separate wallets, signaling possible bankruptcy liquidations. Genesis Trading transferred 27,500 ETH to the address starting with
Bitcoin, the largest digital asset in the cryptocurrency market is in the limelight as Genesis Trading, a major player in the industry has moved a significant amount of BTC to the San Fransisco-based cryptocurrency exchange Coinbase. This transaction comes in the midst of a recent price recovery wit...
Genesis Trading, a major industry player currently navigating bankruptcy proceedings, continues to liquidate substantial Bitcoin holdings. In a move that has caught the attention of investors and analysts alike, the company has transferred 600 Bitcoin (BTC) to Coinbase, valued at approximately $37.7...
Over the last month, the crypto airwaves have been filled with reports of the German government selling large amounts of Bitcoin. These sell-offs have negatively impacted the Bitcoin price, as well as the broader crypto market, sending the whole market into the red. However, while the German governm...
Genesis Trading has been observed making substantial Bitcoin transfers. Over the past month, the company has moved a whopping 12,000 Bitcoin (BTC) to Coinbase, one of the leading cryptocurrency exchanges. This large-scale movement of digital assets, valued at approximately $760 million, comes in the...
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
Summary: Barry Silbert, DCG, and Genesis knowingly committed fraud against Gemini customers, the lawsuit filed today alleges. Gemini insists that Genesis and DCG owe over $700 million to Earn users since late last year. The suit is the latest development in an ongoing spat between the company founde...
Summary: Gemini and Genesis moved to throw out a lawsuit built on securities violation claims made by the U.S. Securities and Exchange Commission. In January, the U.S. watchdog filed a suit arguing that Gemini and Genesis offered unregistered securities and ignored investor protection procedures. Cr...