Genesis no longer seeks restructuring, instead looking to liquidate assets
Cointime2023/11/02 09:42
By:Cointime
The US government has stated that the latest bankruptcy plan submitted by encrypted lending company Genesis represents a significant change in plans. The company is now seeking to liquidate assets instead of restructuring.This change occurred after the New York Attorney General sued Genesis and its parent company Digital Currency Group (DCG), which could lead to delays in the liquidation process.
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