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Genesis
Genesis Publishes Proposed Sale Plan With DCG, Bankruptcy Creditors
Genesis Global Holdco filed for bankruptcy protection last month and unveiled the final details of a proposed plan to sell itself off alongside Genesis Global Trading to help parent Digital Currency Group (DCG) pay off some of the firm's creditors. "The Hash" panel discusses the latest in Genesis' bankruptcy process and what we know so far. DCG is the parent company of Genesis and CoinDesk.
Genesis представляет план продажи с DCG и кредиторами по банкротству
Материнская компания Digital Currency Group передаст свою долю в Genesis Global Trading холдинговой компании в рамках усилий по продаже обеих фирм.
Оператор Bitcoin -банкоматов Coin Cloud подает заявление о банкротстве с обязательствами в размере 100–500 млн долларов
Coin Cloud получил необеспеченный кредит в размере 100 миллионов долларов от Genesis Global Capital.
DCG Will Have a Headache For Many Years To Come: Lumida CEO
Digital Currency Group (DCG) intends to sell its subsidiary Genesis' crypto trading business as well as its lending arm, which is restructuring through bankruptcy, a Genesis attorney said Monday as the company revealed a pact with creditors. Lumida CEO and co-founder Ram Ahluwalia shares his analysis. DCG is also the parent company of CoinDesk.
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
Earlier Monday, CoinDesk reported that DCG and Genesis had reached an agreement with a key group of creditors. Lumida CEO and co-founder Ram Ahluwalia discusses the potential outcomes for Digital Currency Group amid crypto winter. Genesis and CoinDesk are both owned by DCG.
DCG Is Selling Holdings in Several Grayscale Trusts: Financial Times
Digital Currency Group (DCG) started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount, according to a Financial Times report citing U.S. securities filings. This report comes after DCG and Genesis had reached an initial agreement with a key group of creditors. Lumida CEO and co-founder Ram Ahluwalia weighs in. Grayscale, Genesis and CoinDesk are all owned by Digital Currency Group (DCG).
Bankrupt Crypto Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors
Crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the firm’s main creditors. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the terms of the proposed deal. DCG is the parent company of CoinDesk and Genesis.
DCG продает доли в нескольких трастах Grayscale : Financial Times
Grayscale управляет Grayscale Bitcoin Trust (GBTC), активы которого находятся под управлением на сумму более 10 миллиардов долларов.
Раскрыто соглашение кредиторов DCG с планом продажи подразделения Genesis Trading в рамках банкротства
Ранее в понедельник CoinDesk сообщил, что DCG и Genesis достигли соглашения с ключевой группой кредиторов.
Binance to Pause US Dollar Bank Transfers This Week; Genesis, DCG Reach Initial Agreement With Main Creditors: Source
Crypto exchange Binance is temporarily suspending U.S. dollar bank transfers starting on Wednesday. Binance's U.S. division, Binance.US, is not affected by the suspension, according to a tweet from Binance.US Customer Support. Separately, crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the firm’s main creditors, according to a CoinDesk source. DCG is also the parent company of CoinDesk.