Just In: Gemini Challenges DCG’s Deceptive Genesis Proposal

In a recent report, Gemini has accused Genesis’ parent company, the Digital Currency Group (DCG), of presenting a misleading proposal for creditors. The ongoing dispute centers around the recovery rates promised by DCG, which Gemini’s legal team finds disingenuous. Moreover, in a recent development, lawyers for Gemini Trust presented a sharp rebuttal against DCG’s plan.