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Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans - Vimarsana News

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

Source: aol.com
Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans - Vimarsana News

Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans

NEW YORK (Reuters) - Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital cryptocurrency lending unit, as both sides ne...

Source: wkzo.com
Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans - Vimarsana News

Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans

NEW YORK : 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 m

Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans - Vimarsana News

Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans

NEW YORK (Reuters) - Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital cryptocurrency lending unit, as both sides ne...

Source: wsau.com
DCG's Genesis Global to Shut Down Crypto Spot Trading Operations - Vimarsana News

DCG's Genesis Global to Shut Down Crypto Spot Trading Operations

(Bloomberg) -- Genesis Global Trading, an affiliate of Barry Silbert’s Digital Currency Group, will wind down its spot trading crypto trading service as of Sept. 18 for “business reasons.” Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsUnited Airlines Resumes US Flights After Temporary Grounding on Tech IssueBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapWhy China Is Avoi

Source: yahoo.com