CORRECTION: Bankrupt crypto lender Genesis Global has asked the court to appoint a mediator. Genesis owner DCGco says some creditors backed out of an agreement reached earlier this year. By parikshitm899 reports.
said DCG intends to sell Genesis' crypto lending and trading platform as part of the bankruptcy proceedings., DCG said the request reflects the decision of some of the creditors to walk away from the prior agreement.
These creditors have raised all new demands, DCG said.DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of BankruptcyCorrects throughout that Genesis made the filing. An earlier version of this story said the filing was made by Genesis' creditors.
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Some Genesis Creditors File for Mediator Assistance Over Amount of DCG Contribution to ReorganizationSome creditors of bankrupt crypto lender Genesis Global have asked the court to appoint a mediator. Genesis owner DCGco says the move will prolong the bankruptcy proceedings. By parikshitm899 reports.
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