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Genesis sues parent company DCG, other affiliate for $600M in overdue loans

September 6, 2023 by DIGIT
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DCG borrowed $500,000 from its subsidiary last year and DCG Investments borrowed over 18,000 BTC and both have allegedly defaulted.

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Categories Bankruptcy, Digital Currency Group
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  • bitcoinBitcoin(BTC)$89,123.00-3.16%
  • ethereumEthereum(ETH)$3,011.91-4.22%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.02-3.92%
  • binancecoinBNB(BNB)$879.06-2.38%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$131.62-6.57%
  • tronTRON(TRX)$0.2859240.92%
  • staked-etherLido Staked Ether(STETH)$3,012.08-4.19%
  • dogecoinDogecoin(DOGE)$0.137843-7.21%
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  • bitcoinBitcoin(BTC)$89,123.00-3.16%
  • ethereumEthereum(ETH)$3,011.91-4.22%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.02-3.92%
  • binancecoinBNB(BNB)$879.06-2.38%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$131.62-6.57%
  • tronTRON(TRX)$0.2859240.92%
  • staked-etherLido Staked Ether(STETH)$3,012.08-4.19%
  • dogecoinDogecoin(DOGE)$0.137843-7.21%