DCG and Silbert have denied that the promissory note was a sham. In their motions to dismiss, lawyers for DCG and Silbert claimed that the note was fully vetted and binding, adding that, in addition to the note, DCG transferred hundreds of millions of dollars and assets into Genesis to fill the hole in its balance sheet. The tweets reassuring investors of Genesis’ “strong” balance sheet, they argued, were simply “corporate puffery” – not lies.
Key TakeawaysCNBC and Statista included Ripple among the world’s top fintech companies for 2026.Digital asset businesses accounted for 40 of...
Fintech Education Explained: How Finance Magnates Academy Helps You Build a Career Fintech Education Explained: How Finance Magnates Academy Helps...
Fintech Education Explained: How Finance Magnates Academy Helps You Build a Career Fintech Education Explained: How Finance Magnates Academy Helps...
Key Takeaways:Sui has released the Hashi testnet to throng the world of DeFi with native Bitcoin.The protocol has added the...
Key TakeawaysBIS researchers Hofmann, Mehrotra and Paulick studied 130+ economies and stablecoin data from 184 countries since 2017.Capital controls cut...
