Crypto Co. DGC Blasts NY AG Settlement With Genesis Global

Gunnar Larson g at xny.io
Fri Feb 23 07:03:36 PST 2024


Crypto Co. DGC Blasts NY AG Settlement With Genesis Global
<https://www.law360.com/fintech/articles/1805402?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-02-23&read_main=1&nlsidx=0&nlaidx=1>

By Aislinn Keely

The parent company of Genesis Global Holdco slammed a proposed settlement
between the bankrupt lender and the New York attorney general on Wednesday,
calling the agreement an attempt to "rig" the Chapter 11 plan confirmation
to include larger payouts for certain creditors.

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