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CoinGape 2023-11-29 04:32:51

DCG to End $620 Million Lawsuit With Bankrupt Lender Genesis

Digital Currency Group (DCG) has reached a revised repayment arrangement with its subsidiary, Genesis Global Holdco LLC, aiming to settle a lawsuit seeking approximately $620 million from DCG. DCG to Pay Genesis Full Outstanding Payment By April 2024 The deal, disclosed during a Tuesday hearing, outlines that Genesis will receive approximately $200 million in value The post DCG to End $620 Million Lawsuit With Bankrupt Lender Genesis appeared first on CoinGape .

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