Genesis failure would land owner with $350mn payout to financier

Bankrupt Crypto Lender Genesis to Repay $3 Billion to Creditors

DCG says Genesis bankruptcy plan overpays customer claims

The lender

The lender’s parent company, the Digital Currency Group [DCG] is reportedly attempting to raise capital to save Genesis’ sinking ship. A recent Financial Times report

Crypto lender Genesis prepares for bankruptcy - Axios

DCG has a $350M Loan If Crypto Lender Genesis Goes Bankrupt

Barry Silbert

Dutch crypto exchange Bitvavo, which uses DCG for its staking service, says it can’t access ~$297M held at DCG and that DCG is “experiencing liquidity problems”–

Barry Silbert’s Digital Currency Group (DCG) could be forced to pay back $350 million to financier and Chelsea FC owner Todd Boehly if its brokering subsidiary

In November 2025, Genesis announced that DCG agreed to repay $324.5 million in loans by April 2025 to resolve a lawsuit filed in September seeking repayment of

Crypto conglomerate Digital Currency Group

Sources: DCG is attempting to raise capital and avoid bankruptcy

Genesis creditors to expect 80% recovery under proposed

Crypto conglomerate Digital Currency Group is attempting to raise capital and avoid the bankruptcy of its Genesis broking subsidiary in part to avert the immediate

Digital Currency Group objected late

Digital Currency Group objected late Monday to the bankruptcy plan of its subsidiary Genesis Global Capital, saying that the crypto lender is proposing to pay its

Chelsea FC owner first in line for $350M payout if Genesis goes

A Genesis bankruptcy could deepen the crypto contagion and would lead to a cascade of pain for the crypto lender's parent company, Digital Currency Group. Why it

Digital Currency Group

Digital Currency Group (DCG) is handing over its equity stake in a Genesis trading entity to the global holding company for the bankrupt crypto lender.