Court filings reveal Digital Currency Group has reached an in-principle deal with Genesis creditors to resolve the claims brought up in Genesis' bankruptcy. DCG is the parent company of CoinDesk. Arca chief investment officer Jeff Dorman shares his crypto markets analysis. Ananya Kumar from the Atlantic Council discusses the future of CBDCs. And, Harry Jones from Polymarket weighs in on the blockchain-based prediction market bets for the U.S. presidential race.
Lawrence Lewitinn serves as the Director of Content for The Tie, a crypto data company, and co-hosts CoinDesk's flagship "First Mover" program. Previously, he held the position of Managing Editor for Markets at CoinDesk. He is a seasoned financial journalist having worked at CNBC, TheStreet, Yahoo Finance, the Observer, and crypto publication Modern Consensus.
The book tells the stories of Internet activists in China, Cuba and Russia. Mario Vargas Llosa, winner of the Nobel Prize for Literature, called it "a rigorously researched and reported account that reads like a thriller." She was chief strategy officer at Silicon Valley social media startup Parlio, which was acquired by Quora. She has done public speaking all over the world, and is currently represented by the Leigh Bureau.
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DCG Reaches in Principle Deal With Genesis Creditors, Estimates Recoveries of 70%-90%The plan could result in the recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.
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DCG reaches agreement with Genesis creditors to deliver recoveries of up to 90%Genesis’ Tuesday bankruptcy filing showed that its parent company Digital Currency Group has reached an in-principal deal with its creditors.
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DCG agrees deal with Genesis that would see recoveries of up to 90%Digital Currency Group has reached an in-principle agreement with creditors of its cryptocurrency lending subsidiary, Genesis.
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DCG and Genesis Forge Agreement for Up to 90% Recoveries for Creditors: ReportShould the revised plan come to fruition, Genesis creditors are estimated to recover from 70% to 90% in terms of USD equivalents.
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