- 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
Placeholder Partner: High-Quality Crypto Assets Could See a "Hundredfold Return" Opportunity Similar to US Stock Tech Giants in the Coming Decades
Shitcoin Season Index remains at a low level, currently standing at 22
Vitalik Calls for Zcash to Resist Token Voting Mechanism
PIPPIN Market Cap Surpasses $120 Million, Up Over 60% in the Last 24 Hours
Arthur Hayes: Maybe Monad Could Be the First to Fully Unlock Tokens and Challenge Ethereum and Solana
Atención al cliente：@weikecs
Cooperación empresarial：@weikecs
Trading cuantitativo y MM：[email protected]
Programa VIP：[email protected]
App