- Comprar cripto
- Mercados
- Futuros
- Spot
- Copy trading
WE-Launch
DCG Sues Subsidiary Genesis for Claims Exceeding $1.05 Billion
BlockBeats News, August 15th, according to The Block, global investment firm Digital Currency Group (DCG) is suing its subsidiary Genesis Global Capital LLC, citing DCG's provision of $1.1 billion in collateral to support the now-bankrupt Genesis during the last cryptocurrency crash.
DCG stated in the lawsuit filed in the Southern District of New York bankruptcy court that the company had attempted to fill a potential "gap" through this $1.1 billion promissory note, a measure taken in response to the 2022 crypto hedge fund collapse of Three Arrows Capital. DCG noted that Three Arrows Capital was one of Genesis's largest borrowers.
DCG is requesting the court to order Genesis Global Capital to pay it over $105 million plus interest.
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Strategy establishes a $1.44 billion Dividend Reserve Fund to pay dividends and debt interest
Suspected "1011 Insider Whale" accumulated 77,385 ETH in the past 2 hours
Berenstein: Crypto Company Fundamentals "Remain Strong," Current Bear Market Decline Shows Fundamental Differences
A certain PIPPIN Diamond Hand chose to sell after holding the coin for over 1 year, realizing a 4066% profit.
An ICO address holding 40,000 ETH, which had been dormant for over 10 years, has awoken to deposit the ETH into staking.
Atención al cliente：@weikecs
Cooperación empresarial：@weikecs
Trading cuantitativo y MM：[email protected]
Programa VIP：[email protected]
App