DCG completes repayment of $700 million Genesis debt

Digital Currency Group (DCG) has announced the successful settlement of approximately $700 million in short-term loans owed to now-defunct crypto lending platform Genesis. The settlement is part of DCG’s broader effort to fulfill over $1 billion in debt to various creditors within just over a year. The repayment of these loans by the firm is […] source: https://cryptoslate.com/dcg-completes-repayment-of-700-million-genesis-debt/