Crypto Lender Genesis Global Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization

Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options Including Bankruptcy: New York Times

Crypto lender Genesis Global asked a court to appoint a mediator for its bankruptcy proceedings, court documents show. Digital Currency Group (DCG), Genesis‘ owner, said the move reflects the decision of a group of creditors to walk away from a preliminary agreement reached earlier this year.

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