coinpedia
2023-02-11 06:27:23

Genesis Reveals Strategy to Repay Creditors After Declaring Bankruptcy

The post Genesis Reveals Strategy to Repay Creditors After Declaring Bankruptcy appeared first on Coinpedia Fintech News Bankrupt cryptocurrency broker Genesis has filed plans detailing how it will repay its creditors. According to a recent filing, the parent company of Genesis, Digital Currency Group (DCG), has agreed to transfer its equity in Genesis Global Trading to Genesis Global Holdco. The eventual goal is to sell both companies and repay clients who were …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.