Genesis Global

Genesis Global Capital LLC v. Gemini Trust Company LLC: Complaint (‘$689M Preferential Crypto Transfers’)

November 21, 2023

Complaint "to avoid and recover over half a billion dollars in preferential transfers that flowed to Defendants, at their demand, in the months immediately preceding Plaintiff’s commencement of Chapter 11 Proceedings" in Genesis Global Capital LLC, described as a Delaware company "that provides lending and borrowing services for digital assets and fiat currency primarily to and from institutional and high net worth individual customers" v. Gemini Trust Company LLC, individually and on behalf of Earn Users, described as a New York "trust company" that "operates a cryptocurrency platform that enables its users to buy, sell, and store cryptocurrencies", at the U.S. Bankruptcy Court for the Southern District of New York.

Gemini Trust Company LLC v.. Genesis Global Capital LLC et al: Complaint (‘Crypto/Security Agreement Collateral’)

October 27, 2023

Complaint in Gemini Trust Company LLC, of New York, USA, operator of "a cryptocurrency platform that enables its users to buy, sell, and store cryptocurrencies" v. Genesis Global Capital LLC, of Delaware, USA; Genesis Global HoldCo LLC, of Delaware, USA, and Genesis Asia Pacific Pte. Ltd., of Singapore, at the U.S. Bankruptcy Court for the Southern District of New York.

Gemini Trust Company LLC v. Digital Currency Group Inc. et al: Amended Complaint (‘Crypto Fraud’)

September 14, 2023

Amended Complaint in Gemini Trust Company LLC v. Digital Currency Group Inc. and Barry Silbert at the U.S. District Court for the Southern District of New York.

Genesis Global Capital LLC v. Digital Currency Group Inc.: Complaint (‘$500M Loans’)

September 6, 2023

Complaint "for turnover of certain property" in Genesis Global Capital LLC v. Digital Currency Group Inc. at the U.S. Bankruptcy Court for the Southern District of New York.

Genesis Global Capital LLC v. DCG International Investments Ltd.: Complaint (‘$500M Loans’)

September 6, 2023

Complaint "to recover undisputed amounts of digital assets owed to GGC by DCGI in connection with a loan" in Genesis Global Capital LLC, described as a Delaware company "that provides lending and borrowing services for digital assets and fiat currency" v. DCG International Investments Ltd., described as a Bermuda company "that engages in venture capital investing in the digital currency market", at the U.S. Bankruptcy Court for the Southern District of New York.

William McGreevy et al v. Digital Currency Group Inc. et al: Amended Class Action Complaint (‘Crypto Fraud’)

July 12, 2023

Amended Complaint in William McGreevy, Ashwin Gowda, Translunar Crypto LP, Christopher Buttenham, and Remo Maria Morone v. Digital Currency Group Inc., Barry Silbert, Glenn Hutchins, Lawrence Lenihan, Michael Kraines, Mark Murphy, Soichiro 'Michael' Moro, Derar Islim, and Matthew Ballensweig at the U.S. District Court for the District of Connecticut.

210K Capital LP v. Grayscale Investments LLC et al: Complaint (‘Crypto Books & Records Production’)

March 6, 2023

Complaint "to compel production of books and records" in 210K Capital LP, of Delaware v. Grayscale Investments LLC and Grayscale Bitcoin Trust (BTC), both of Delaware, at the Court of Chancery of the State of Delaware.

Tobias Moeller-Bertram v. Gemini Trust Company LLC et al: Class Action Complaint (‘Gemini Earn Crypto Program’)

February 22, 2023

Class Action Complaint in Tobias Moeller-Bertram, "who invested in the Gemini Earn program" v. Gemini Trust Company LLC and Digital Currency Group Inc. at the Supreme Court of the State of New York, County of New York.

Osprey Funds LLC v. Grayscale Investments LLC et al: Complaint (‘Deceptive Acts-Bitcoin ETF’)

January 30, 2023

Complaint alleging "unfair and deceptive acts and unfair competition in the asset management industry and market for certain asset management services" in Osprey Funds LLC v. Grayscale Investments LLC and Delaware Trust Company, formerly known as Trust Company of Delaware, as the Trustee of Grayscale Bitcoin Trust, at the Superior Court of Connecticut.

William McGreevy et al v. Digital Currency Group Inc. et al: Class Action Complaint (‘Crypto Fraud’)

January 23, 2023

Class Action Complaint in William McGreevy, Ashwin Gowda, Translunar Crypto LP, Christopher Buttenham, and Alex Sopinka v. Digital Currency Group Inc. and Barry Silbert at the U.S. District Court for the District of Connecticut.

Genesis Global Holdco LLC et al: Chapter 11 Petition (‘Crypto Lender Bankruptcy’)

January 20, 2023

Chapter 11 Petition by Genesis Global Holdco LLC, of New York; Genesis Global Capital, LLC, of New York, and Genesis Asia Pacific Pte. Ltd., of Singapore, which collectively "provide lending and borrowing, spot trading, derivatives and custody services for digital assets and fiat currency", at the U.S. Bankruptcy Court for the Southern District of New York.

SEC v. Genesis Global Capital LLC et al: Complaint (‘Unregistered Crypto Securities’)

January 12, 2023

Complaint alleging "an unregistered offer and sale of securities" in the form of crypto in U.S. Securities and Exchange Commission v. Genesis Global Capital LLC and Gemini Trust Company LLC at the U.S. District Court for the Southern District of New York.

Fir Tree Value Master Fund LP et al v. Grayscale Bitcoin Trust (BTC) et al: Complaint (‘Inspection of Books & Records/Potential Wrongdoing’)

December 6, 2022

Complaint to "to enforce their information rights" and alleging "mismanagement of the Trust and the troubling reports about liquidity issues within Digital Currency Group and its corporate affiliates" in Fir Tree Value Master Fund LP, Fir Tree Capital Opportunity Master Fund LP, and Fir Tree Capital Opportunity Master Fund III LP, all of the Cayman Islands v. Grayscale Investments LLC, formerly Alternative Currency Asset Management LLC, and Grayscale Bitcoin Trust (BTC), formerly Bitcoin Investment Trust, at the Court of Chancery of the State of Delaware.

Voyager Digital Holdings Inc. et al: Chapter 11 Petition

July 5, 2022

Chapter 11 Petition by Voyager Digital Holdings Inc., of New York; Voyager Digital LLC, of New Jersey, and Voyager Digital Ltd., of Canada, which are part of a group comprising entities in Canada, Cayman Islands, Denmark, Estonia, France, United Kingdom, and USA that operates "a cryptocurrency brokerage" that is "facing a short-term 'run on the bank' due to the downturn in the cryptocurrency industry generally and the default of a significant loan made to a third party", which was identified as British Virgin Islands-domiciled, Singapore-based "cryptocurrency hedge fund" Three Arrows Capital Ltd., filed at the U.S. Bankruptcy Court for the Southern District of New York.