May 16, 2024
Crypto

Barry Silbert Is the Crypto World’s New Villain

Photo-Illustration: Intelligencer; Photos: Getty “I had no idea who Barry Silbert was or anything until after November 16, 2022,” Eric Asquith told me. That date was when he was pretty sure he had lost his family’s savings of $1,052,000. Asquith took what he thought was the sober route into crypto. He didn’t buy bitcoin or

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Crypto

Genesis asks bankruptcy court to approve $1.4 billion sale of GBTC shares

Published 1 minute earlier on Bankrupt crypto lender Genesis Global Capital has filed a new motion with the U.S. Bankruptcy Court in the Southern District of New York seeking authorization to sell approximately $1.6 billion in trust assets.  According to the filing, the assets held by Genesis, a subsidiary of the Digital Currency Group, include

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