Breaking: DCG owes creditors over $3B, considering $500M VC portfolio sale
Crypto broker Genesis allegedly owes $900 million to clients of cryptocurrency exchange Gemini alone.
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Crypto lender Genesis allegedly owes $900M to Gemini's clients: Report
The issue is tied to the Gemini Earn program, which offers 8% earn interest on crypto lending and is operated by Gemini in partnership with Genesis.
FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
Not much is known about who these creditors could be, as names and personal information were redacted from the published document.
Roger Ver denies CoinFLEX CEO's claims he owes firm $47M USDC
Not mentioning CoinFLEX by name, Roger Ver said he had not “defaulted on a debt to a counter-party,” and alleged the platform owed him “a substantial sum of money.”
QuadrigaCX Has $21 Million in Assets and Owes $160 Million: EY Report
QuadrigaCX owes creditors $160 million, but only has $21 million in assets, according to court-appointed monitor EY's latest report.