Digital Currency Group (DCG) has reached an agreement with the creditors of its cryptocurrency lending firm, Genesis. As per court documents submitted on August 29, 2023, if the court approves the agreement, unsecured creditors could expect to recover between 70% and 90% of the owed amount in terms of USD. ...
Digital Currency Group (DCG) and its CEO, Barry Silbert, have made a request to consolidate two class action lawsuits that the company is currently facing related to alleged losses during the 'crypto winter.' DCG and Silbert, in a letter addressed to United States District Judge Stefan Underhill in Connecticut, argued ...
Gemini Crypto Exchange is considering offering forbearance to Digital Currency Group (DCG) after DCG missed a repayment of $630 million. The ‘forbearance’ agreement would provide DCG with temporary relief by reducing or pausing their mortgage payments so they can repay them later. According to Gemini, the decision to grant forbearance ...
