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Bankrupt Crypto Lender Genesis Amends Chapter 11 Plan as Mediated Talks With DCG Proceed

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The up to date reorganization plan “displays substantial settlement on sure key points,” the submitting mentioned, however added that Genesis, its collectors and different stakeholders reserve their place in negotiations which are nonetheless ongoing. In April, for a 30-day interval that was subsequently prolonged, the courtroom appointed a mediator to resolve variations, together with the DCG difficulty.



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