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Digital Currency Group and Genesis Reach In-Principle Agreement With Creditors

Digital Currency Group has reached an in-principle understanding with creditors of its cryptocurrency lending branch, Genesis.

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Genesis creditors won t get full value of their claims, bankrupt crypto lender files updated plan

Genesis, an investment firm focused on digital assets, filed an update to the plan it proposed on January 20, when filing for bankruptcy. Digital Curr

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Genesis Seeks Extra Time To File Bankruptcy Exit Plan As DCG Defaults On $630M Payment

Gemini, in a most recent update, expressed its willingness to work with Genesis in its restructuring plan without the participation of the crypto lender s parent company DCG.

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Gemini Considers Relief After DCG Misses $630M Repayment

After Digital Currency Group (DCG) missed a $630 million repayment to Gemini crypto exchange last week, the latter is considering forbearance.

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Gemini considers forbearance after DCG defaults on a $630M payment

The Gemini-DCG repayment saga originated after Genesis filed for Chapter 11 bankruptcy in the last week of January earlier this year.

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