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Crypto News

Genesis Files Suits Against DCG to Recover Billions Worth of Allegedly Fraudulent Transfers

Crypto lender Genesis and its subsidiaries filed two lawsuits against its parent company, Digital Currency Group (DCG), DCG CEO Barry Silbert and other executives,...
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Crypto News

Digital Currency Group (DCG) Spins Off Crypto-Mining Unit Fortitude From Foundry

Digital Currency Group (DCG) is spinning off the self-mining unit of its Foundry subsidiary into a separate business called Fortitude Mining that will mine...
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Crypto News

DCG, Former Genesis CEO to Pay SEC $38.5M to Settle Securities Fraud Charges

Digital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of its now-defunct Genesis subsidiary, have agreed to pay a combined $38.5 million...
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Crypto News

DCG Confirms Reports Foundry Layoffs, Says its 16% of U.S. Employees

Digital Currency Group (DCG) owned mining pool Foundry has laid off 16% of its U.S.-based employees and a "small team in India."“We are continuously...
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Crypto News

Gemini’s Winklevoss Final offer: $1.5B from DCG

 key takeaways: Gemini co-founder Cameron Winklevoss has issued a “best and final offer” to Digital Currency Group’s CEO Barry Silbert regarding the ongoing Genesis dispute. Winklevoss...
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