DCG sues Genesis over promissory note debt amid bankruptcy challenges

Digital Currency Group (DCG) has sued its lending subsidiary Genesis, asking a bankruptcy court to confirm it is owed more than $105 million plus interest on a financial backstop extended during the 2022 crypto downturn. The case, filed on Aug. 14 in the U.S. Bankruptcy Court for the Southern District of New York, centers on The post DCG sues Genesis over promissory note debt amid bankruptcy challenges appeared first on CryptoSlate.