Category: Concludes
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Genesis concludes bankruptcy with $4b creditor payout
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Genesis Global and its subsidiaries have begun making $4 billion in payments to creditors after completing the restructuring process. According to a statement released on August 2, crypto lending company Genesis Global I started Paying off debts of more than 100,000 creditors after declaring bankruptcy in January 2023. Recovery rates…
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Controversial 3-Year SEC Investigation Into Bitcoin L2 Stacks Concludes With No Charges
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The US Securities and Exchange Commission (SEC) has concluded its three-year investigation into Bitcoin. Second layer (L2) blockchain Stacks (STX) and Hiro Systems without taking any action. SEC Ends Investigation Into Stacks Case Muneeb Ali, Co-Founder of Stacks Protocol, Advertise He concluded the SEC investigation with a social media post…
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Controversial 3-Year SEC Investigation Into Bitcoin L2 Stacks Concludes With No Charges
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The US Securities and Exchange Commission (SEC) has concluded its three-year investigation into Bitcoin. Second layer (L2) blockchain Stacks (STX) and Hiro Systems without taking any action. SEC Ends Investigation Into Stacks Case Muneeb Ali, Co-Founder of Stacks Protocol, Advertise He concluded the SEC investigation with a social media post…
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New York Attorney General concludes $2b Genesis settlement
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New York Attorney General Letitia James has reached a $2 billion settlement with cryptocurrency group Genesis. according to press release From the Attorney General’s Office, New York’s settlement with a cryptocurrency lender aims to compensate creditors and demonstrate the “real-world consequences” resulting from the apparent lack of oversight of the…