DCG Says It Sees Resolving Genesis Chapter 11 Bankruptcy Soon

By coindesk.com August 01, 2023 In Bitcoin

Digital Currency Group comments on the restructuring in an investor letter.

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Digital Currency Group (DCG) said it’s close to “reaching an agreement in principle to resolve the claims in the Genesis Capital Chapter 11 cases,” according to a letter sent to shareholders Monday.

DCG added that it sees resolving the bankruptcy cases “soon.”

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Nick Baker

Nick Baker is CoinDesk’s deputy editor-in-chief. He owns small amounts of BTC and ETH.

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