A creditor group of genesistrading clients, including gemini, has presented a plan to resolve liquidity issues and expects to hear back by week's end. thesamreynolds reports.
given the FTX-induced market turmoil, freezing Gemini Earn funds in the process.
“This decision was made in response to the extreme market dislocation and loss of industry confidence caused by the FTX implosion," Amanda Cowie, vice president of communications and marketing at DCG, said at the time."This decision impacts the lending business at Genesis and does not affect Genesis’s trading or custody businesses. Importantly, this decision has no impact on the business operations of DCG and our other wholly owned subsidiaries.
Investment bank Houlihan Lokey has been retained as a financial adviser on behalf of the Creditor Committee, with law firm Proskauer Rose acting as counsel.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Jan. 6 committee refers 4 GOP congressmen to House Ethics Committee for sanctioningIn addition to making criminal referrals to the DOJ for fmr. Pres. Trump and atty. John Eastman, the House committee investigating the Jan. 6 riots referred four GOP members of Congress to the House Ethics Committee for failing to comply with subpoenas.
Les mer »
FTX Has Over $1B in Cash, Creditor Meeting ToldFTX management are chasing down hundreds of millions of dollars of the company's cash to stash it in authorized accounts, creditors were told today. jackschickler reports
Les mer »
Woman was arrested for stealing Christmas presents from Robert De Niro’s New York homeRobert De Niro's Upper East Side home in New York city was burglarized on Monday, and a woman was arrested for trying to steal presents from right under his Christmas tree.
Les mer »
Cape Town-Based Darrvin Presents The Rove Electric Mountain BikeSouth African e-bike company Darrvin presents the Rove electric mountain bike, decked out in Bafang, SRAM, and RockShox components.
Les mer »
Career burglar caught inside Robert De Niro’s Upper East Side home stealing presents under Christmas treePolice were tailing the crook, who was already wanted for six recent burglaries, when they saw her enter the famed actor’s home on E. 65th St. near Park Ave. about 2:45 a.m.
Les mer »
Woman caught stealing Christmas presents from Robert De Niro's homeA suspected serial burglar was caught Monday while attempting to poach Christmas presents from actor Robert De Niro’s Manhattan home, police said.
Les mer »