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The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis. Genesis Global and parent company Digital Currency Group (DCG) have reached an in-principal deal with Genesis’ creditors, agreeing to resolve claims in the As per a court filing, the in-principle deal reached with Genesis creditors offers up to 65%- 90% recovery on an in-kind basis depending on the denomination of Furthermore, there’s a possibility of recovery ranging from 65% to 90% based on the specific digital asset denomination. However, these expected recovery Digital Currency Group (DCG) has entered into an in-principle agreement with the creditors of its cryptocurrency lending subsidiary, Genesis. This agreement could 13 de sept. de 2025 Digital Currency Group (DCG), the parent of bankrupt crypto lender Genesis Capital, said in a court filing on Wednesday that it expects to provide a recovery of 70%-90%

DCG Genesis Creditors: In-Principle Accord Offers Up to 90% Recovery

Digital Currency Group (DCG), the parent company of bankrupt crypto lender Genesis Capital, has announced an in-principle agreement with Genesis’ creditors, offering a potential resolution to outstanding claims. This landmark deal could significantly benefit creditors who have been awaiting recovery since Genesis filed for bankruptcy.

Potential Recovery Rates: What Creditors Can Expect

According to court filings, this in-principle accord with Genesis creditors offers substantial recovery prospects. The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors. Furthermore, recoveries of 65% to 90% on an in-kind basis, depending on the denomination of the specific digital asset, are also projected.

This means that, depending on the specifics of their claims and the asset denomination, creditors could see a substantial portion of their funds returned. DCG expects to provide a recovery of 70%-90% to Genesis creditors. However, it's important to understand that these are *expected* recovery ranges and the actual outcome may vary.

Key Highlights of the DCG Genesis Agreement

  • In-Principle Agreement: Genesis Global and DCG have reached an in-principal deal with Genesis’ creditors to resolve outstanding claims.
  • Recovery Range: Expect recovery ranging from 65% to 90% based on the specific digital asset denomination.
  • USD Equivalent Recovery: Unsecured creditors could see recoveries of 70% to 90% in USD equivalent.
  • In-Kind Recovery: A potential recovery of 65%-90% recovery on an in-kind basis, contingent on the digital asset denomination.

This in-principle agreement between Digital Currency Group (DCG) and its cryptocurrency lending subsidiary Genesis' creditors marks a significant step toward resolving the financial difficulties surrounding Genesis and aims to provide much-needed relief to creditors. Stay tuned for further updates on the formalization and implementation of this agreement, which is expected to be finalized by September 13, 2025.

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