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Gemini Earn users could recover all funds in new DCG remuneration scheme
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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.
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