Today news
About the same in other media
Gemini Earn users could recover all funds in new DCG remuneration scheme
Reading now: 391
cointelegraph.comDigital Currency Group (DCG) has proposed a new agreement plan for the creditors of the now-bankrupt Genesis Global that would also see Gemini Earn users recover nearly all of their claims.
In a new filing on Sept. 13, DCG outlined a plan that estimates “unsecured creditors a 70–90% recovery with a meaningful portion of the recovery in digital currencies.”
Additionally, the remuneration plan says the recovery of claims for Gemini Earn users would be projected at “approximately 95–110%” without any contribution from Gemini.
The firm states in the filing that:
This is a developing story, and further information will be added as it becomes available.
Read more on cointelegraph.comAbout this in other media
Who is Lachlan Murdoch and what will happen to Fox and News Corp? investing.com /1 year ago
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023 abcnews.go.com /1 year ago
Rupert Murdoch is stepping down at Fox and News Corp, son Lachlan will take over as chairman abcnews.go.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
