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Genesis Takes Legal Action Against DCG Over $600M Debt Dispute
    Posted on 09/07/2023
In a legal dispute that unfolded on Wednesday, Genesis Global Capital, the bankrupt cryptocurrency lending unit, has filed a lawsuit against its parent company, Digital Currency Group (DCG), and DCG International Investments Ltd. This move comes as both parties are in negotiations over the repayment of loans exceeding $600 million, which matured in May.
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