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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)$90,336.00-0.22%
  • ethereumEthereum(ETH)$3,095.50-0.06%
  • tetherTether(USDT)$1.000.10%
  • solanaSolana(SOL)$241.143.70%
  • binancecoinBNB(BNB)$619.43-1.02%
  • rippleXRP(XRP)$1.143.34%
  • dogecoinDogecoin(DOGE)$0.3635640.18%
  • usd-coinUSDC(USDC)$1.000.30%
  • staked-etherLido Staked Ether(STETH)$3,093.54-0.07%
  • cardanoCardano(ADA)$0.741.56%
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  • bitcoinBitcoin(BTC)$90,336.00-0.22%
  • ethereumEthereum(ETH)$3,095.50-0.06%
  • tetherTether(USDT)$1.000.10%
  • solanaSolana(SOL)$241.143.70%
  • binancecoinBNB(BNB)$619.43-1.02%
  • rippleXRP(XRP)$1.143.34%
  • dogecoinDogecoin(DOGE)$0.3635640.18%
  • usd-coinUSDC(USDC)$1.000.30%
  • staked-etherLido Staked Ether(STETH)$3,093.54-0.07%
  • cardanoCardano(ADA)$0.741.56%