Creditors Oppose the Genesis-DCG Bankruptcy Deal!

Creditors Oppose the Genesis-DCG Bankruptcy Deal!


Coinpedia
2023-08-30 10:27:01

The post Creditors Oppose the Genesis-DCG Bankruptcy Deal! appeared first on Coinpedia Fintech News Genesis Global Capital and parent company Digital Currency Group (DCG) are being opposed by a group of creditors who have described the treatment of over a billion dollars in outstanding loans as “wholly insufficient”. Genesis filed for bankruptcy in January after the collapse of hedge fund Three Arrows Capital and crypto exchange FTX. DCGs agreement …