HomeCrypto GamingGemini Opposes Genesis Bankruptcy Plan: 'Woefully Light on Specifics'

Gemini Opposes Genesis Bankruptcy Plan: ‘Woefully Light on Specifics’

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“Debtors have repeatedly promised that a plan that resolves claims against DCG is right around the corner, as they seek extension after extension of mediation periods, hearing dates, and bid deadline,” the Gemini submitting mentioned. The hurt to Gemini is worsened by the very fact, it mentioned, that DCG has “not paid any of the approximately $630 million in loans that came due to the Debtors in May 2023.”

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