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Published 2 months ago

Genesis Global Faces Turmoil with Parent DCG Over Repayment to Creditors

Summary by Coingape
The collapse of the crypto exchange Genesis had set a bad sentiment in the markets. Currently, the bankrupt crypto exchange will have another sore tooth with the upcoming court case. The legalities are yet to decide the course of repayment to creditors that Genesis needs to follow. A Bloomberg report suggests that Genesis might face troubles with the court case due to existing disagreement with its parent parent company DCG. Genesis-DCG Disagree…

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Genesis Global Faces Turmoil with Parent DCG Over Repayment to Creditors

The collapse of the crypto exchange Genesis had set a bad sentiment in the markets. Currently, the bankrupt crypto exchange will have another sore tooth with the upcoming court case. The legalities are yet to decide the course of repayment to creditors that Genesis needs to follow. A Bloomberg report suggests that Genesis might face troubles with the court case due to existing disagreement with its parent parent company DCG. Genesis-DCG Disagree…

2 months ago
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