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Hopeful investors tried their hand at buying bitcoin, solana, ether and other coins in recent the two companies were selling unregistered securities through a popular program that was supposed to give high interest payments on crypto deposits.
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Roasting the Worst Startups of All TimeGemini has said in court papers its Earn program customers were owed about $1 billion by Genesis before the crypto lender filed for bankruptcy. Ltd, Genesis has proposed a roadmap to an exit including a Chapter 11 plan that calls for a framework for a global resolution of all claims through, and the. Bankrupt crypto lender Genesis has won a bid to block its parent Digital Currency Group (DCG) from selling or reducing ownership in the company.
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