Sunday, December 22, 2024
Home > ICO > Crypto Lender Genesis Global Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization

Crypto Lender Genesis Global Files for Mediator Assistance Over Amount of DCG Contribution to Reorganization

Crypto lender Genesis Global asked a court to appoint a mediator for its bankruptcy proceedings, court documents show. Digital Currency Group (DCG), Genesis’ owner, said the move reflects the decision of a group of creditors to walk away from a preliminary agreement reached earlier this year.

Original Source