Bankrupt crypto lender Genesis and Digital Currency Group have formed a deal that could put an end to Genesis' lawsuit against DCG for over $620 million in repayments. Meanwhile, former Binance CEO Changpeng “CZ“ Zhao has officially resigned as chairman of the board of the United States-based Binance.US and Bitcoin (BTC) celebrated the 11th anniversary of its first-ever halving.
Genesis strikes repayment deal with DCG and end $620M lawsuit
Bankrupt crypto lender Genesis and its parent company, Digital Currency Group (DCG), has struck a deal that could end an ongoing lawsuit over $620 million in repayments owed by DCG.