• 11/26/2024

Crypto Lender Genesis Prepares to Liquidate Without Deal With Parent Company

Wall Street Journal

Crypto lender Genesis Global is pursuing a chapter 11 liquidation plan that abandons a previous settlement proposal to restructure the $1.7 billion in loans it extended to its parent company Digital Currency Group.

https://www.wsj.com/articles/crypto-lender-genesis-prepares-to-liquidate-without-deal-with-parent-company-f442a932