Months before Genesis' bankruptcy, Gemini withdrew $282 million from the crypto lender, according to two people familiar with the matter.
in February. However, the deal failed to materialize.
The Winklevoss twins' claims later sparked a probe of DCG by the U.S. Federal Bureau of Investigation and the Securities and Exchange Commission. TheEarlier this month, DCG's latest plan in Genesis’ bankruptcy proposed aThe proposed agreement offers unsecured creditors a 70-90% baseline recovery, with a meaningful portion in digital currencies.
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