Hints and tips:
...A Genesis entity, GGC International Ltd, is on the official committee of unsecured creditors in the FTX and Alameda joint-bankruptcy process....
...Genesis Block co-founder Clement Ip was a director of FTX’s Hong Kong business, while Charles Yang’s LinkedIn shows him as a partner at Genesis Block....
...The largest of those investments is $1.15bn that Alameda ploughed into crypto mining group Genesis Digital Assets between August 2021 and April 2022, the records show....
...Some FTX customers have contrasted their payout in dollars with the case of failed lender Genesis, where customers have been promised the return of their digital assets....
...Gemini and Genesis had engaged in a crypto-lending programme called Earn, where retail investors would place their funds with Gemini which would lend them to Genesis, which would in turn lend the tokens...
...Tuna Trading Ltd. with a very respectable 44.5 and 42 points each....
...Another week, another crypto lawsuit: the New York attorney-general sued crypto conglomerate Digital Currency Group, the Winklevoss twins’ Gemini exchange as well as collapsed crypto lender Genesis, alleging...
...A version of Alameda’s accounts that made its “assets look larger” was provided to crypto lenders including Genesis, which was calling in loans amid a sharp downturn in the sector, Ellison testified....
...October 7 2022:https://twitter.com/GenesisTrading/status/1578422268547719169 January 19 2023: Cryptocurrency broker Genesis has filed for Chapter 11 bankruptcy, becoming the latest casualty of the fallout...
...A version of Alameda’s accounts that made its “assets look larger” was provided to crypto lenders including Genesis, Ellison testified....
...Genesis said last week it had $175mn in funds stuck on FTX....
...As Genesis’ SoftBank-backed owner Digital Currency Group negotiates with its own creditors, its executives may now be wondering if their past crypto bargains were worth it....
...While Genesis says the issues are only at its lending arm, the whole company is seeking funding....
...The city-state’s sovereign wealth fund GIC is also facing pressure as an investor of crypto broker Genesis....
...As the chief financial markets watchdog in the US, the SEC has issued a blitz of enforcement actions against prominent crypto companies, including lender Genesis and exchanges Gemini and Kraken....
...The lending unit of its crypto broker, Genesis, filed for bankruptcy earlier this year. The group is seeking to sell its news site CoinDesk in an attempt to raise money and repay creditors....
...He also hosts the $20mn Genesis Invitational PGA Tour event in Los Angeles....
...The collapse of platform group FTX — and a halt to withdrawals at Genesis Trading — means they need even sharper-eyed scrutiny. The foremost candidate is the price of bitcoin....
...Two of Alameda’s biggest holdings, the crypto miner Genesis and the artificial intelligence research group Anthropic, are also listed on the draft FTX balance sheet published last month by FTAV....
...Genesis, a large crypto brokerage and lender, last week halted withdrawals in its lending business after admitting to a $175mn hit from FTX’s failure....
...Genesis, a major crypto trading firm, said its derivatives business had about $175mn stuck on the frozen exchange....
...A string of other crypto companies including broker Genesis and lender BlockFi have also encountered stress because of links with FTX....
...It also found several other “mystery” transfers from FTX to Alameda, such as this 155k ethereum ($323mn) transfer on May 12, which Alameda then transferred to Genesis, a crypto lending platform....
...Genesis, a well-known crypto trading firm, has around $175mn locked in its FTX account, the company said....
...Singapore’s sovereign wealth fund GIC also has egg on its face as an investor in beleaguered crypto broker Genesis....
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