According to Techub News, The Block reported that DCG has repaid all short-term debts and 99% of Genesis creditors have been fully compensated.

 

The company has paid back more than $1 billion to creditors over the past 18 months. The only remaining debt is a $1.1 billion promissory note due in 2032, when its crypto lending unit, Genesis, will go bankrupt. Since payments began in August, Genesis and DCG have been able to fully repay the majority of Genesis’ creditors, including cryptocurrency exchange platform Gemini. More than 99% of the more than 200,000 Genesis creditors have been fully compensated. In addition, the majority of cryptocurrency creditors who did not receive full in-kind compensation have also received substantial compensation, in most cases representing returns of more than 100% relative to the prices on the filing date.