Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million. Genesis, which declared bankruptcy in January this year following a 30% reduction in its workforce, stated in its recent filings that DCG and DCGI are in "wrongful possession of property" that rightfully belongs to Genesis Global Capital's bankruptcy estate. On September 6, Genesis filed the case in the United States Bankruptcy Court of the Southern District of New York, alleging that multiple loans collected by DCG and DCGI, amounting to approximately $620 million, remain unpaid. These loans were due in May and included roughly 4,550 Bitcoin.
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WBT
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XLM
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BCH
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USD1
$0.999846
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USDE
$0.999794
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GRAM
$1.35
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Mkt Cap $2.30T
BTC Dom 56.81 %
BTC
$64,990.00
▲ +0.70%
ETH
$1,917.05
▲ +0.30%
USDT
$0.999437
▲ +0.00%
BNB
$592.77
▲ +0.40%
USDC
$0.999677
▲ +0.00%
XRP
$1.02
▼ -1.10%
SOL
$73.70
▲ +1.30%
TRX
$0.327205
▲ +0.10%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$54.20
▼ -3.20%
DOGE
$0.069804
▲ +1.40%
USDS
$0.999907
▲ +0.00%
RAIN
$0.012719
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$511.79
▲ +3.60%
ADA
$0.201111
▲ +0.00%
XMR
$375.38
▲ +3.00%
WBT
$56.21
▲ +0.50%
LINK
$8.20
▼ -0.20%
XLM
$0.16184
▲ +0.70%
DAI
$0.999868
▲ +0.00%
BCH
$216.18
▲ +1.30%
USD1
$0.999846
▲ +0.00%
USDE
$0.999794
▲ +0.00%
GRAM
$1.35
▼ -1.80%
BTC
$64,990.00
▲ +0.70%
ETH
$1,917.05
▲ +0.30%
USDT
$0.999437
▲ +0.00%
BNB
$592.77
▲ +0.40%
USDC
$0.999677
▲ +0.00%
XRP
$1.02
▼ -1.10%
SOL
$73.70
▲ +1.30%
TRX
$0.327205
▲ +0.10%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$54.20
▼ -3.20%
DOGE
$0.069804
▲ +1.40%
USDS
$0.999907
▲ +0.00%
RAIN
$0.012719
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$511.79
▲ +3.60%
ADA
$0.201111
▲ +0.00%
XMR
$375.38
▲ +3.00%
WBT
$56.21
▲ +0.50%
LINK
$8.20
▼ -0.20%
XLM
$0.16184
▲ +0.70%
DAI
$0.999868
▲ +0.00%
BCH
$216.18
▲ +1.30%
USD1
$0.999846
▲ +0.00%
USDE
$0.999794
▲ +0.00%
GRAM
$1.35
▼ -1.80%
Mkt Cap $2.30T
BTC Dom 56.81 %
BTC
$64,990.00
▲ +0.70%
ETH
$1,917.05
▲ +0.30%
USDT
$0.999437
▲ +0.00%
BNB
$592.77
▲ +0.40%
USDC
$0.999677
▲ +0.00%
XRP
$1.02
▼ -1.10%
SOL
$73.70
▲ +1.30%
TRX
$0.327205
▲ +0.10%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$54.20
▼ -3.20%
DOGE
$0.069804
▲ +1.40%
USDS
$0.999907
▲ +0.00%
RAIN
$0.012719
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$511.79
▲ +3.60%
ADA
$0.201111
▲ +0.00%
XMR
$375.38
▲ +3.00%
WBT
$56.21
▲ +0.50%
LINK
$8.20
▼ -0.20%
XLM
$0.16184
▲ +0.70%
DAI
$0.999868
▲ +0.00%
BCH
$216.18
▲ +1.30%
USD1
$0.999846
▲ +0.00%
USDE
$0.999794
▲ +0.00%
GRAM
$1.35
▼ -1.80%
