Some Genesis Creditors File for Mediator Assistance Over Amount of DCG Contribution to Reorganization

After reaching a pact earlier this year with Genesis owner Digital Currency Group (DCG), the creditors said in a filing at the bankruptcy court for the Southern District of New York on Monday that they’re seeking a mediator over “the amount, form, timing and other terms and conditions of DCG’s contribution to the debtors’ reorganization plan.” DCG is also the parent company of CoinDesk.

Source: https://www.coindesk.com/business/2023/04/25/some-genesis-creditors-file-for-mediator-assistance-over-amount-of-dcg-contribution-to-reorganization/?utm_medium=referral&utm_source=rss&utm_campaign=headlines