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Court filing: DCG reaches an in-principle deal with Genesis creditors to resolve the bankruptcy claims, estimating recoveries of 70%-90% for unsecured


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2023-08-29 10:24:06
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Developers , Cybersecurity Business , Policy / Governance

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Amitoj Singh / CoinDesk:

Court filing: DCG reaches an in-principle deal with Genesis creditors to resolve the bankruptcy claims, estimating recoveries of 70%-90% for unsecured creditors  —  The plan could result in the recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.




Amitoj Singh / CoinDesk:

Court filing: DCG reaches an in-principle deal with Genesis creditors to resolve the bankruptcy claims, estimating recoveries of 70%-90% for unsecured creditors  —  The plan could result in the recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.



Source: TechMeme
Source Link: http://www.techmeme.com/230829/p3#a230829p3


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