Genesis Global secures court approval for $3B payout
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.
Related Posts


Bitcoin Trading Journal: Veteran Trader Shares Tips on how to Profit from Bitcoin and Altcoin investing
Successful traders treat trading like a business and part of treating your trading like a business involves keeping a journal. While everyone has a different format and preference, I generally use an Excel spreadsheet to help with calculations and provide organizational clarity.Crypto investors are always curious about each other's positions and typically these conversations take…

Marshall Islands Official Explains National Crypto With Fixed Supply
Disclaimer Sept. 4, 2019 4:06 p.m. UTC: This article previously stated that the Marshall Islands had launched its cryptocurrency. It has been amended to more accurately reflect the news development.An official from the Marshall Islands has published an essay explaining the country’s national cryptocurrency project ahead of the Invest: Asia 2019 conference.The issuance of the…

Japan’s FSA expects to allow certain stablecoins by June 2023
There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said. 1329 Total views 20 Total shares Own this piece of history Collect this article as an NFTJapan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are…

Jump Trading seeks to move Terra class action suit to California
The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin. 60 Total views 1 Total shares Algorithmic and high-frequency trading firm Jump Trading is seeking to have the class action lawsuit against the firm moved from Illinois to a Northern…

Mystery VC Firm Wants Sensitive Evidence Redacted From Telegram Case
Newly published court documents reveal that an anonymous venture capital firm identified as “Investor F” sought to have evidence redacted from the first court hearing for the dispute between the United States Securities and Exchange Commission (SEC) and Telegram.On Feb, 18, Investor F asserted that emails directly requested by the SEC contain “confidential and commercially…

DraftKings settles class-action lawsuit over NFT marketplace for $10M
DraftKings has agreed to pay $10 million to settle a securities class-action lawsuit from buyers of its non-fungible tokens (NFTs) that the gambling company sold through its now-shuttered marketplace. On Feb. 28, Boston federal court Judge Denise Casper granted a preliminary settlement motion filed days earlier on Feb. 26 by lead plaintiff Justin Dufoe and

Newly Discovered Ledger Wallet Vulnerability Could Be Disastrous if Not Fully Patched
Ledger has failed to fully fix a major vulnerability that allows for a “Bitcoin Fork” attack. A recent report contends that Ledger App has failed to fix a major vulnerability that allows for a “Bitcoin Fork” attack.Mo Nokhbeh claims Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions of different assets.…

Telos’ ‘T-Bond’ NFTs aim to breathe liquidity life into projects young and old
Telos hopes the new fundraising tool will give a jolt to their platform, as well as others 2222 Total views 8 Total shares On Wednesday the Telos blockchain announced the launch of a new tool designed to help low-liquidity projects fundraise: a NFT product known as a “T-Bond.” In an interview with Cointelegraph, Douglas Horn —…