Cryptopolitan
2024-02-06 20:37:47

DCG files a motion to object to Genesis Capital’s bankruptcy plan

Digital Currency Group (DCG) has taken legal action against its subsidiary, Genesis Capital, over its bankruptcy plan, alleging violations of the Bankruptcy Code. In a motion filed on February 5th, DCG argued that Genesis’ proposed plan would overpay its customers, going beyond what is legally required. DCG stated that it would support a plan that

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