Genesis eyeing tax benefits after blocking DCG sale

Bankrupt crypto lender Genesis is reportedly hoping to score a number of tax benefits after it successfully blocked its parent company from offloading or reducing its ownership until the firm’s Chapter 11 proceedings have been completed. As reported by CoinDesk, Genesis stands to retain benefits on $700 million of “federal net operating loss carryforwards,” providing […] source: https://protos.com/genesis-eyeing-tax-benefits-after-blocking-dcg-sale/