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DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%

The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.

Updated Aug 29, 2023, 5:18 p.m. Published Aug 29, 2023, 6:15 a.m.
Barry Silbert. CEO & Founder Digital Currency Group (DCG)
Barry Silbert. CEO & Founder Digital Currency Group (DCG)