Michael Moro News

06.01 / 00:31

business lending Crypto lender Genesis Crypto lender Genesis lays off 30% more staff: Report

Crypto lending platform Genesis Global Trading has reportedly cut 30% of its workforce in the second round of layouts in six months.

19.10 / 14:53

Gemini Customers New York Attorney General Sues Gemini Trust, Genesis Global, and DCG for Defrauding Customers

New York Attorney General Letitia James has filed a complaint against popular crypto exchange Gemini, crypto lending firm Genesis, and crypto investment company Digital Currency Group (DCG).

04.12 / 13:59

Gemini Winklevoss Twins Digital Currency Group Crypto lender Genesis Gemini Exchange Seeks to Retrieve $900 Million from Crypto Lender Genesis

Cryptocurrency exchange Gemini is trying to recover the $900 million it had paid in loan to crypto broker Genesis and its parent company Digital Currency Group (DCG).

05.10 / 01:15

business Strategy Digital Asset Management Celsius’ co-founder Daniel Leon follows Mashinsky out as crypto exec flight continues

S. Daniel Leon, who cofounded Celsius with Alex Mashinsky in 2017, has quit his job as the bankrupt crypto lender’s chief strategy officer, CNBC reported Oct. 4, citing unnamed sources and an internal memo seen by the outlet. Bloomberg later reported receiving confirmation of Leon’s resignation from the company. Leon’s resignation comes one week after Mashinsky’s and is part of an apparently growing trend.

04.10 / 18:35

business Blockchain ETF grayscale bitcoin trust Grayscale Bitcoin Trust terminates material agreements with Genesis

According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Bitcoin Trust has terminated two agreements with cryptocurrency broker Genesis.

29.09 / 00:41

business Blockchain lending Genesis director to step down and move into advisory role

On Wednesday, Matthew Ballensweig, managing director of cryptocurrency broker Genesis, announced via Linkedin that he was formally leaving his post after over five years of tenure. Ballensweig is also the co-head of sales and trading. As told by Ballensweig, he has been transitioning his core responsibilities to a handful of trusted colleagues who will be taking the front-line role.

22.09 / 07:31

cryptocurrency CEO Kraken Crypto Exchange Crypto Shakeout Engulfs The C-Suite As CEOs Start Stepping Down

The raft of successions sets the stage for a changing of the guard in the roughly decade-old industry.

18.08 / 12:07

Digital CEO Enterprise Broker Crypto Broker Genesis Cuts 20% Workforce, CEO Michael Moro Stepping Down

Genesis, a major institutional digital asset market and a full-service digital currency prime brokerage based in New York, on Wednesday announced several leadership changes amid the company’s efforts to boost the next phase of its growth.

18.08 / 10:57

cryptocurrency crypto news cryptos Genesis Trading Broker Crypto Broker Genesis Cuts Jobs By 20%, Taps Insider As Interim Chief

Crypto broker Genesis taps insider as interim chief, cuts jobs by 20%

18.08 / 10:49

CEO exits Crypto lender Genesis CEO of crypto lender Genesis exits as 20% of workforce laid off

Genesis Global Trading is laying off 20% of its 260-person workforce weeks after court filings revealed that the crypto brokerage firm lent $2.4bn to the now-bankrupt crypto hedge fund Three Arrows Capital.

17.08 / 20:25

business Volatility Genesis Trading Another crypto CEO steps down as Genesis Trading restructures leadership

Michael Moro, CEO of Digital Currency Group’s market maker and lending subsidiary Genesis Trading, has become the latest executive to step down from a leadership role at a crypto company amid the market downturn.

07.07 / 13:39

markets business defi Genesis Trading CEO confirms 3AC exposure, parent company helps plug losses

Digital Currency Group’s market maker and lending firm Genesis Trading has confirmed that it had investment exposure in the now-liquidated Three Arrows Capital (3AC).

07.07 / 11:57

Career Exchange FTX Investment Crypto Turmoil Latest: Celsius in Board Change, Genesis Clear of 3AC Trouble & FTX’s ‘Billions’

Crypto turmoil continues to deepen, with further maneuvers at Celsius (CEL) and a company recounting details of how it dodged the Three Arrows Captial (3AC) fallout – while the crypto exchange giant FTX appears set to bail out yet more ailing crypto players with a “few billion” dollars worth of reserve funds.

07.04 / 13:45

Digital SEC CEO Bitcoin Banks are Still Far Away from Trading Crypto: Genesis CEO

Bitcoin will not receive the same amount of significance from banks any time soon as it has from individual investors, the head of the prime crypto brokerage Genesis Global Trading said.

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