Amitoj Singh / CoinDesk:
Court filing: DCG reaches an in-principle deal with Genesis creditors to resolve the bankruptcy claims, estimating recoveries of 70%-90% for unsecured creditors — The plan could result in the recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.
Amitoj Singh / CoinDesk:
Court filing: DCG reaches an in-principle deal with Genesis creditors to resolve the bankruptcy claims, estimating recoveries of 70%-90% for unsecured creditors — The plan could result in the recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.
Source: TechMeme
Source Link: http://www.techmeme.com/230829/p3#a230829p3