Tag: DCG
DCG: Crypto group pays off billions in debt to subsidiary
Despite its actually tight financial situation, the Digital Currency Group is able to raise enough funds to compensate its subsidiary Genesis. Source: BTC ECHO The post DCG pays off…
Crypto fraud: Gemini, Genesis and DCG sued
After the FTX scandal, Gemini, Genesis and DCG are under financial pressure. Now the three crypto companies have been sued. Source: BTC ECHO The post Gemini, Genesis and DCG…
DCG: Digital Currency Group reached agreement with Genesis creditors
Creditors of the insolvent crypto lender Genesis can breathe a sigh of relief if the agreement that has been announced is implemented. Source: BTC ECHO The post Digital Currency…
Ultimatum to DCG: Winklevoss demands $1.4 billion
Cameron Winklevoss, co-founder of crypto exchange Gemini, is demanding $1.4 billion from the Digital Currency Group. Otherwise there is a risk of litigation. Source: BTC ECHO The post Winklevoss…
DCG: Crypto giant fails to pay $630 million
The crypto exchange Gemini had previously warned that DCG would go bankrupt if it did not make the payment. Is the group now on the brink of collapse? Source:…
DCG: Digital Currency Group sells Grayscale shares
Crypto conglomerate DCG has sold stakes in its subsidiary, Grayscale, in a “portfolio rebalancing.” Source: BTC ECHO The post Digital Currency Group (DCG) Sells Grayscale Stakes first appeared on…
DCG: Cameron Winklevoss calls for CEO Barry Silbert to step down
After the ultimatum expires, Cameron Winklevoss follows up. The Gemini co-founder is calling for the resignation of DCG boss Barry Silbert. Source: BTC ECHO The post Gemini founder Cameron…
DCG: US authorities launch investigation into Genesis
Because of internal cash flows between DCG and its subsidiary Genesis, US federal prosecutors and the SEC have now become involved. Source: BTC ECHO The post US authorities launch…
Bankruptcy would result in immediate credit exposure for DCG
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Digital Currency Group (DCG): Is the crypto VC at risk of bankruptcy?
Liquidity bottlenecks, sales, high debts: The difficult situation of DCG – one of the largest crypto conglomerates – is causing speculation. Source: BTC ECHO The post Digital Currency Group:…
BNP Paribas: finalized the operation in DCG – 04/01/2022 at 12:32
(CercleFinance.com) – BNP Paribas Asset Management (BNPP AM) announces that it has finalized the acquisition of its majority stake in the Dutch management company Dynamic Credit Group (DCG). This company…