Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert's DCG empire
cnbc.com/2023/01/20/crypto-lender-genesis-trading-files-for-bankruptcy-barry-silbert-digital-currency-group.html
Quick Glance: Genesis, a cryptocurrency lending company, declares bankruptcy.
- Genesis, a cryptocurrency lending and trading firm, has declared bankruptcy after stopping loan withdrawals in November.
- The Financial Times reported earlier this month that Genesis owes over $3 billion to creditors, including almost a billion to users of the Winklevoss twins' cryptocurrency exchange Gemini.
- "It's possible Genesis' fall could spread the crypto contagion further"
- "An in-court restructuring presents the most effective avenue through which to preserve assets and create the best possible outcome for all Genesis stakeholders."
Story Details
| Last Updated | Jan 21 23 |
| Total Articles | 19 |
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Crypto lender Genesis files for bankruptcy: The cryptocurrency lender’s collapse is the latest blow to the sector.
bbc.com/news/technology-64343377
Crypto lending unit of Genesis files for U.S. bankruptcy: The lending unit of crypto firm Genesis filed on Thursday for U.S. bankruptcy protection from creditors ...
ctvnews.ca/business/crypto-lending-unit-of-genesis-files-for-u-s-bankruptcy-1.6238818
Lending unit of crypto firm Genesis files for U.S. bankruptcy: Genesis Global Capital froze customer redemptions on Nov. 16 after FTX stunned the financial world ...
theglobeandmail.com/business/international-business/article-lending-unit-of-crypto-firm-genesis-files-for-us-bankruptcy/
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Crypto lender Genesis files for bankruptcy: The cryptocurrency lender’s collapse is the latest blow to the sector.
bbc.com/news/technology-64343377
Crypto lending unit of Genesis files for U.S. bankruptcy: The lending unit of crypto firm Genesis filed on Thursday for U.S. bankruptcy protection from creditors ...
ctvnews.ca/business/crypto-lending-unit-of-genesis-files-for-u-s-bankruptcy-1.6238818
Lending unit of crypto firm Genesis files for U.S. bankruptcy: Genesis Global Capital froze customer redemptions on Nov. 16 after FTX stunned the financial world ...
theglobeandmail.com/business/international-business/article-lending-unit-of-crypto-firm-genesis-files-for-us-bankruptcy/
Crypto lending unit of Genesis files for U.S. bankruptcy: The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday ...
reuters.com/technology/crypto-lending-unit-genesis-files-us-bankruptcy-2023-01-20/
Crypto lender Genesis files for Chapter 11 bankruptcy in US: Firm is latest casualty in sector as cryptocurrencies contagion spreads after FTX collapse
theguardian.com/business/2023/jan/20/crypto-lender-genesis-files-chapter-11-bankruptcy
Cryptocurrency trader Genesis files for bankruptcy: A major cryptocurrency company declared bankruptcy early this morning, owing its top 50 creditors $3 ...
thetimes.co.uk/article/cryptocurrency-trader-genesis-files-for-bankruptcy-zvxsdj2t0
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Cryptocurrency lender Genesis files for bankruptcy: Cryptocurrency lender Genesis has filed for bankruptcy late Thursday night in Manhattan Federal Court in the ...
punchng.com/cryptocurrency-lender-genesis-files-for-bankruptcy/
Crypto lending firm Genesis files for bankruptcy: Genesis, a crypto lending and trading firm, has filed for bankruptcy after suspending withdrawals for its ...
theverge.com/2023/1/20/23472388/genesis-lending-digital-currency-group-bankrupt-ftx-crypto-winter
Crypto lender Genesis files for Chapter 11 bankruptcy: Genesis Global filed for bankruptcy protection in New York. The firm has estimated liabilities of $1 ...
cointelegraph.com/news/crypto-lender-genesis-files-for-bankruptcy
Genesis' Crypto Lending Businesses Files for Bankruptcy Protection: The collapse of FTX in late 2022 was the final straw for Genesis, which earlier that year ...
coindesk.com/business/2023/01/20/genesis-global-files-for-bankruptcy-protection/
Chicago-based Dutch Farms bids ‘north of $20M’ to buy bankrupt Oberweis Dairy: Brian Boomsma, the owner of Chicago-based Dutch Farms, made the stalking horse bid ...
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Dollar's dominant reserve currency status to endure, says Morgan Stanley: The U.S. dollar's dominant reserve currency status is likely to endure partly because ...
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Red Lobster considers bankruptcy to deal with leases and labor costs: Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks ...
chicagotribune.com/2024/04/17/red-lobster-considers-bankruptcy/
Quick Glance: Red Lobster Considers Bankruptcy
- The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.
- Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.
- A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.
- Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
Developer of St. Paul’s Keg & Case food hall declares bankruptcy: Craig Cohen listed the West Seventh neighborhood project when filing for Chapter 7 bankruptcy ...
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Dollar hits 34-year high against yen after US inflation data: Move past ¥153 sparks speculation that Japan could intervene to support currency
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Express files for bankruptcy; closing more than 100 stores: Trendy fashion retailer Express Inc. has filed for bankruptcy after consistently struggling with ...
cnn.com/2024/04/22/business/express-bankruptcy/
Will Zimbabwe’s new ZiG currency be a hit or another failure?: Zimbabwe’s new currency, the ZiG, made its debut month and a number of Zim economists have given ...
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Gateway Pundit to file for bankruptcy amid election conspiracy lawsuits: Gateway Pundit, Jim Hoft’s fringe right-wing blog is facing lawsuits for some of the ...
washingtonpost.com/style/media/2024/04/24/gateway-pundit-bankruptcy/
Giuliani loses bid to dismiss $148 million defamation judgment : Rudy Giuliani lost his bid on Monday to dismiss the $148 million verdict handed to him last year ...
thehill.com/regulation/court-battles/4595911-giuliani-loses-bid-to-dismiss-148-million-defamation-judgment/
Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
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Katie Price shows off new feature inside mansion after double bankruptcy blow: Former glamour girl Katie Price has been declared double bankrupt but this ...
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Trump and the Risk of a US Debt Default | by William L. Silber - Project Syndicate
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The Role Of Gold In Turbulent Times: The global nature of gold markets means factors like geopolitical stability, economic growth and currency value all impact ...
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Dollar notches up strongest week since 2022: Currency’s strength compared with euro and sterling comes after outsize US inflation figures
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US nods to 'serious' Japan, S.Korea concerns over slumping currencies: The United States, Japan and South Korea agreed to "consult closely" on foreign exchange ...
reuters.com/markets/us-japan-korea-finance-leaders-launch-first-trilateral-meeting-2024-04-17/
Restaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations
usatoday.com/story/money/food/2024/04/22/tijuana-flats-bankruptcy-closing-locations/73409662007/
Bankrupt Katie Price 'planning to sell Mucky Mansion and buy £2.5m dream home': Former glamour model Katie Price is reportedly planning a move up north as she ...
mirror.co.uk/3am/celebrity-news/bankrupt-katie-price-planning-sell-32532906
Zimbabwe's new ZiG currency starts trading, credibility doubts linger: Zimbabwe's new gold-backed currency started trading on Monday amid doubts that the ...
timeslive.co.za/news/africa/2024-04-09-zimbabwes-new-zig-currency-starts-trading-credibility-doubts-linger/
Zimbabwe’s new gold-backed currency, the ZiG, is on a roll: Zimbabwe’s fledgling new currency has steadily gained since its launch on Monday.
trib.al/JPoxzGa
FTSE 100 hits new record high helped by five-month low for pound: While the FTSE 100's performance has lagged that of most peers for some time ...
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Sharp dip in rupee sparks NRI remittance surge - News | Khaleej Times: Remittance inflows to India in 2023 stood at $125 billion
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Police arrest six, seek three others in Canada's largest gold heist: Canadian and U.S. authorities said on Wednesday six people have been arrested and three more ...
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Quick Glance: Six Arrested in $22M Airport Gold Heist, Inside Job Unveiled
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- Investigations revealed that former Air Canada employees were allegedly involved in the theft.
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Adam Neumann moves to buy back WeWork as it seeks funds to exit bankruptcy, FT reports
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Why the US dollar is setting off alarm bells around the world: Suddenly, tension and uncertainty have gripped financial markets, making them highly volatile.
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Bankruptcy documents detail how GOP NC governor nominee Mark Robinson failed to file federal income taxes for 5 years
abcnews.go.com/US/bankruptcy-documents-detail-gop-nc-governor-nominee-mark/story
Red Lobster may file for bankruptcy protection: report: Seafood restaurant chain Red Lobster may be headed for bankruptcy, according to a published report.
marketwatch.com/story/red-lobster-may-file-for-bankruptcy-protection-report-41f1b001
Adam Neumann shares new details on how he wants to transform apartment living: In an exclusive, Neumann shares why he believes Flow is a tech company and why he ...
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Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations
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A Warren Buffett autograph across a sheet of dollar bills sold for $20,740: This isn't the first time Warren Buffett's signature on US currency has hit the ...
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US to decide by late May if Boeing violated prosecution deal, sources say: U.S. Justice Department officials plan to decide as soon as late May whether Boeing ...
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Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
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Florida Home Insurers With Lax Ratings Pose New Property Risk: A rash of failures of A-rated insurers points to a hidden weakness in the market, researchers say.
bloomberg.com/news/features/2024-04-24/home-insurance-with-lax-oversight-hides-florida-climate-risk
McKinsey faces US criminal probe over opioids work, sources say: McKinsey & Co is under criminal investigation in the United States over allegations that the ...
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Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
Popular mall retailer plans Chapter 11 bankruptcy, suitors emerge
charlotteobserver.com/news/business/article287880115.html
SC Potsdam: New financial gap caused by volleyball Bundesliga - is now in danger of bankruptcy?
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Popular mall retailer plans Chapter 11 bankruptcy, suitors emerge
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Another popular beer, brewery brand files Chapter 11 bankruptcy: It has been a dark period for breweries with countless brands going out of business.
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Nationwide fast-food chain files surprise Chapter 11 bankruptcy: The nationwide chain faced deep competition that led to huge financial problems.
sacbee.com/news/business/article287854890.html
Nationwide fast-food chain files surprise Chapter 11 bankruptcy
kentucky.com/news/business/article287854890.html
Victims' families to urge US prosecute Boeing over fatal crashes: Families of the victims of two fatal Boeing 737 MAX crashes in 2018 and 2019 will press U.S ...
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Disgraced horse trainer gambled $2m before bankruptcy: A disgraced former horse trainer gambled more than $2 million before filing for bankruptcy and collecting ...
odt.co.nz/sport/racing/disgraced-horse-trainer-gambled-2m-bankruptcy
Restaurant chain files for bankruptcy, closes 11 locations: The chain was founded 30 years ago.
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Express clothing retailer closing Santa Clara and Emeryville stores; sales start today
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Columbus retailer Express says 615 headquarter jobs at risk because of bankruptcy filing
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JPMorgan's Jamie Dimon calls bitcoin a 'fraud' and 'Ponzi scheme' : JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said ...
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FTX to Auction Off More Solana Tokens This Week, Potential Bidders Say: The bankruptcy estate of the failed FTX cryptocurrency exchange plans to auction off ...
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Probe of PwC's Evergrande conduct casts shadow on Big Four auditors: HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China ...
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Clinical lab operator Labcorp to buy bankrupt genetic test maker Invitae for $239 mln
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Since Rite Aid filed for bankruptcy, these 56 Pa. stores are on the chopping block
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LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol: LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing ...
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‘Overwhelming’ safety issues reported at North Texas nursing homes run by bankrupt company
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Red Lobster Is Reportedly Heading For Bankruptcy After Losing Millions On Endless Shrimp
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Where did the millions go? Pickleball Rocks CEO faces angry investors in bankruptcy call
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Iconic ice cream brand files for Chapter 11 bankruptcy
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Clover Food Lab emerges from bankruptcy with growth plans: Boston’s vegetable-based fast food chain has pared back expenses but held onto most of its suppliers ...
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Pirch, luxury appliance retailer, files for bankruptcy: Pirch estimated it has 1,000 to 5,000 creditors and liabilities of $100 million to $500 million ...
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Express will close more than 100 stores after filing for bankruptcy: The fashion retailer said it plans to conduct business as usual and without interruption
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Fans Considering Legal Action After Disney Kart Racer Changes Battle Pass Monetization
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Datuk Red and Adira are officially divorced, Adira not claiming alimony from bankrupt ex-husband
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Luxury appliance retailer files Chapter 7 bankruptcy to liquidate: The Vista, Calif., kitchen and bath retailer abruptly shut down its showrooms.
charlotteobserver.com/news/business/article287954495.html
Over 80% of people filing bankruptcy in Seoul in their 50s and older : More than 8 out of 10 people who filed for bankruptcy in Seoul last year were in their 50s ...
koreatimes.co.kr/www/nation/2024/04/281_373332.html
Another popular beer, brewery brand files Chapter 11 bankruptcy
star-telegram.com/news/business/article287727930.html
Popular restaurant chain filing for bankruptcy, closing all locations
sacbee.com/news/business/article287945855.html
Taco Bell rival files Chapter 11 bankruptcy; sells company
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See which Tijuana Flats in Tampa Bay have closed after bankruptcy filing: Other local locations will remain open.
tampabay.com/life-culture/food/food-news/2024/04/22/tampa-bay-tijuana-flats/
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WeWork Global in talks to sell entire 27% stake in WeWork India: New Delhi, Apr 23 (PTI) Co-working firm WeWork Global, which has filed for bankruptcy in the US ...
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Key shipping company shutters operations; bankruptcy uncertain
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Mall retailer considers Chapter 11 bankruptcy as cash dwindles
charlotteobserver.com/news/business/article287669605.html
Beloved seafood restaurant chain is considering bankruptcy: The chain would be able to continue operating during Chapter 11 bankruptcy.
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Red Lobster considers bankruptcy. Are Ohio locations affected? What we know: Red Lobster is looking to file for Chapter 11 bankruptcy. Are restaurants in Ohio ...
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WeWork Creditors Demand Company Negotiate with Potential Buyers: Coworking giant WeWork Inc. should be forced to negotiate with potential buyers ...
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Reversing the Real-Estate Doom Loop Is Possible. Just Look at Detroit.: Barely a decade after it declared bankruptcy, the city is emerging as America’s most ...
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Giuliani bankruptcy creditors fire off subpoenas to try to establish whether Trump owes him money
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Donald Trump Poses a Unique Threat to Truth Social, Says Truth Social: A new SEC filing details all the ways that Trump Media thinks Donald Trump himself could ...
wired.com/story/donald-trump-truth-social-risks/
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
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