Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans
Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital cryptocurrency lending unit, as both sides negotiate DCG's repayment on more than $610 million of loans that matured in May. In a complaint filed in Manhattan bankruptcy court, Genesis is seeking to recoup $500 million that DCG borrowed under four loans. It also filed a separate complaint to recover 4,550 Bitcoin, worth about $117 million, owed by the affiliated Digital Currency Group International under a fifth