DCG Reaches Preliminary Agreement with Genesis Creditors

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

DCG reaches agreement with Genesis creditors to

Genesis Global and parent company

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

Crypto firm DCG says Genesis' agreement with creditors to result

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

Digital Currency Group

DCG Reaches Crucial In-Principle Deal With Genesis Creditors

Genesis and DCG Reach In-Principle Deal with Creditors

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

Genesis Creditors to Receive 90% in Funds amidst

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

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