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Digital Currency Group (DCG) has reportedly reached an agreement with its bankrupt cryptocurrency lending subsidiary Genesis to repay outstanding debt by April 2024. Under the agreement, DCG plans to repay approximately $200 million to Genesis within a few weeks and complete the payment of the outstanding debt by April 2024, settling a debt repayment lawsuit worth approximately $620 million. However, this settlement does not mean that all disputes related to Genesis' recovery plan with DCG have been resolved. #DigitalCurrencyGroup #Genesis #CryptocurrencyTips #debtrepayment

Digital Currency Group (DCG) has reportedly reached an agreement with its bankrupt cryptocurrency lending subsidiary Genesis to repay outstanding debt by April 2024. Under the agreement, DCG plans to repay approximately $200 million to Genesis within a few weeks and complete the payment of the outstanding debt by April 2024, settling a debt repayment lawsuit worth approximately $620 million. However, this settlement does not mean that all disputes related to Genesis' recovery plan with DCG have been resolved. #DigitalCurrencyGroup #Genesis #CryptocurrencyTips #debtrepayment

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