Digital Currency Group (DCG) subsidiary Genesis has finally filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday night. The platform was engaged in a series ...
Tag: files
Party City Files for Bankruptcy. Why the Party Won’t Stop for Other Retailers.
Party City ‘s decadeslong jamboree is coming to an end, now that the retailer has filed for bankruptcy protection following years of weak financial results. The company said it filed for voluntary cha...
Breaking News: Crypto Lender Genesis Files for Bankruptcy
Genesis Global Holdco, LLC, the holding company of unsettled crypto lender Genesis Global Capital, filed for Chapter eleven bankruptcy security in New York district court late on Thursday. This was al...
Digital Currency Group’s Genesis Global files for bankruptcy protection
Genesis Global Holdco filed for bankruptcy protection late Thursday in New York federal district court. The news comes after the firm failed in a bid to raise cash for its troubled lending unit and cu...
Will Bitcoin Price Fall If Genesis Files Bankruptcy?
After the DXY fell intra-day to a new 7-month low of 101.56 yesterday, the Bitcoin price briefly managed to tackle the key resistance zone above the $21,500 mark, reaching its highest level since Sept...
Party City files for bankruptcy to restructure piling debt
A shopper exits a Party City Holdco Inc. store in New York, U.S., on Wednesday, Nov. 7, 2018. Party City Holdco released earnings figures on November 8. Bloomberg Party City and some of its U.S. units...
Grayscale files brief in ETF suit against SEC, oral arguments may come within months
Grayscale filed a reply brief in its appeal of the United States Securities and Exchange Commission (SEC) denial of its application to convert its $12-billion Grayscale Bitcoin Trust (GBTC) into a spo...
Grayscale Files Response to SEC Amid New Proposal For GBTC
Crypto investment firm Grayscale filed a response to the US Security and Exchange Commission’s (SEC) opposition to converting its Bitcoin Trust (GBTC) into a spot BTC ETF on Jan. 13. The Bitcoin inves...
Grayscale Files Reply Brief to SEC Denial of its Spot BTC Conversion
GBTC submitted a 41-page Reply Brief with the US District Court of Appeals. Grayscale argued that the SEC acted arbitrarily in discriminating spot bitcoin. Grayscale says spot ETF would unlock over $4...
US trustee files objection to FTX’s choice of lawyers
A U.S. trustee has filed an objection to FTX hiring the New York law firm Sullivan and Cromwell. The filing by U.S. Trustee Andrew Vara, dated Jan. 13, claimed potential conflicts of interest due to ...
SEC Files Motion to Exclude Testimonies of 10 Ripple Experts
– Advertisement – The SEC has filed an omnibus motion to exclude the testimonies of 10 Ripple experts in the ongoing lawsuit. The Securities and Exchange Commission noted that the expert’s...
SEC Files “Totally Counterproductive” Charges Against Gemini and Genesis
Key Takeaways The SEC is accusing both Gemini and Genesis of offering unregistered securities to retail customers through the Gemini Earn program. Genesis currently owes Gemini customers $900 million....
Media power group files request to reveal SBF’s secret bail signatories
A collection of news media giants requested that the court handling fallen crypto mogul Sam Bankman-Fried’s criminal case reveal who, other than his parents, signed his $250 million bail bond. T...
SEC Files Complaint Against Gemini and Genesis for Allegedly Selling Unregistered Securities
The Securities and Exchange Commission (SEC) has filed a complaint against Genesis Global Capital and Gemini Trust Company for allegedly selling unregistered securities to retail investors in the US. ...
Texas Republican Files Articles Of Impeachment Against DHS Secretary Alejandro Mayorkas
Topline Rep. Pat Fallon (R-Tx.) filed articles of impeachment against Homeland Security Secretary Alejandro Mayorkas on Monday, making good on Republicans’ promise to begin the long-shot process for r...
CFTC files suit against Avraham Eisenberg for market manipulation in Mango exploit
The United States Commodity Futures Trading Commission (CFTC) filed suit against self-described digital artist Avraham Eisenberg on Jan. 9, charging him with two counts of market manipulation in conne...
CFTC Files Charges Against the Mango Markets $110M Exploiter
Eisenberg led off the deceptive manipulation of Mango Markets’ assets on October 11, 2022. $47 million worth of assets is still in the exploiter’s custody as a bug bounty. The Commodity Futures Tradin...
CFTC files its own case against Mango Markets exploiter
The Commodity Futures Trading Commission is suing Avraham Eisenberg, aka Mango Avi, over alleged manipulation of swaps on Mango Markets, a decentralized exchange on the Solana blockchain. The n...
U.S SEC Files Charges Against Coindeal Executives in Crypto Scam
28 mins ago | 2 mins read Bitcoin News The regulator claims no Coindeal transaction ever took place. The SEC said that the defendants collectively stole millions of dollars of investor monies. On Wed...
Ripple’s Former Partner Files Motion to Protect Business Info
Former Ripple partner MoneyGram International has filed a motion at the US District Court of New York to seal parts for the summary judgment on the going Ripple lawsuit. Earlier in September, the Secu...
Sam Bankman-Fried Files Request to Keep Hold of $450M in Robinhood Stock
Disgraced FTX founder Sam Bankman-Fried has filed a request to keep hold of his 56 million shares of the consumer trading app Robinhood, worth roughly $450 million at current prices. In a court filing...
DOJ Files Charges Against Alleged Mutant Ape Planet NFT Rug Pull
The U.S. Justice Department announced Thursday it had arrested and filed criminal charges against the founder of an NFT project it alleges “rug pulled” holders and defrauded them of $2.9 million in cr...
SBF Files to Protect His Robinhood Shares from FTX Debtors
The lawyers of disgraced FTX co-founder Sam Bankman-Fried have filed an objection to protect their client’s Robinhood shares from FTX bankruptcy estate. Sam Bankman-Fried’s lawyers argued his Robinhoo...
New York Attorney General files lawsuit against Celsius’ Alex Mashinsky for defrauding investors
The Attorney General of New York, Letitia James, has filed a lawsuit against Alex Mashinsky, the former CEO and co-founder of Celsius Network LLC, for misleading Celsius’ investors about billions of d...
Prominent Research Firm Issues a Warning. Here’s What Will Happen if DCG Files for Bankruptcy
Arcane Research, in a new report, has highlighted that investors should keep an eye on Digital Currency Group’s (DCG) prolonged financial troubles because it could have a negative impact on the crypto...
SEC files objection to Binance.US’s plans to acquire Voyager Digital
The United States Securities and Exchange Commission (SEC) has filed a “limited objection” to crypto exchange Binance.US’s proposed $1 billion takeover of bankrupt crypto lender Voyager Digital, citin...
J&J Files to Spin Off Consumer-Health Business as Kenvue
(Bloomberg) — Johnson & Johnson submitted its plan to spin off its consumer health business in the first significant filing of the new year for a US initial public offering. Most Read from B...
SEC files limited objection to Voyager-Binance.US deal
The U.S. Securities and Exchange Commission (SEC) is pausing Voyager Digital’s plans to sell its assets to Binance.US, according to a court filing dated Jan. 4. In that limited objection, the SEC asse...
NFT Platform Files For IPO to Take on Steam – Trustnodes
Steam, the near monopoly that dominates the gaming market may be up for disruption by the very new technology of NFTs. Non Fungible Tokens (NFTs), allow for proof of ownership of digital items, includ...
SEC files charges against CFO who embezzled money to invest in crypto
The U.S. Securities and Exchange Commission has filed fraud charges against a CFO who embezzled funds to invest in crypto, according to a Jan. 3 press release. The accused — Cooper J. Morgenthau — ser...