DCG Reaches Preliminary Agreement with Genesis Creditors

DCG reaches agreement with Genesis creditors to

DCG & Genesis Creditors’ In Principle Accord Offers up to 90

Furthermore

Furthermore, there’s a possibility of recovery ranging from 65% to 90% based on the specific digital asset denomination. However, these expected recovery

Genesis and DCG Reach In-Principle Deal with Creditors

DCG Reaches Crucial In-Principle Deal With Genesis Creditors

Genesis Global and parent company

DCG Agrees to In-Principle Deal with Genesis' Creditors - Finance

Genesis Global and parent company Digital Currency Group (DCG) have reached an in-principal deal with Genesis’ creditors, agreeing to resolve claims in the

Digital Currency Group (DCG) has entered into an in-principle agreement with the creditors of its cryptocurrency lending subsidiary, Genesis. This agreement could

Digital Currency Group

Crypto firm DCG says Genesis' agreement with creditors to result

Digital Currency Group (DCG), the parent of bankrupt crypto lender Genesis Capital, said in a court filing on Wednesday that it expects to provide a recovery of 70%-90%

The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.

As per a court filing

As per a court filing, the in-principle deal reached with Genesis creditors offers up to 65%- 90% recovery on an in-kind basis depending on the denomination of

Genesis Creditors to Receive 90% in Funds amidst