Genesis Claims Are Selling for 35p to the Dollar – Trustnodes

A seemingly coordinated sell-off this Saturday in assets held by the Digital Currency Group (DCG), like Filecoin and Flow, has apparently opened a ‘dark market’ where Genesis claims are being traded.

“Genesis [Capital] creditor claims are starting to sell in small batches in what could be described as a ‘dark market’,” says a seemingly pseudo-anonymous Andrew that describes himself as Founder X. “Two transactions >$15M closed at 35% of their pre-withdrawal suspension value.”

Source: https://www.trustnodes.com/2022/12/18/genesis-claims-are-selling-for-35p-to-the-dollar