Court filing: DCG reaches an in-principle deal with Genesis creditors to resolve the bankruptcy claims, estimates recoveries of 70%-90% for unsecured creditors (Amitoj Singh/CoinDesk)
Amitoj Singh / CoinDesk:
Court filing: DCG reaches an in-principle deal with Genesis creditors to resolve the bankruptcy claims, estimates recoveries of 70%-90% for unsecured creditors — The plan could result in the recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.
