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NEWS ROUNDUP: Central Banks Will Limit Your Savings ep321

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Jemini Earn Users Are a Step Closer to Recovering Their Assets

Gemini reached an agreement in principle with genesis global capital DCG DCG co and other creditors on a plan that provides a path for earn users to recover their assets Winklevi tweeted quote this agreement was announced in bankruptcy court today jemini will contribute up to 100 million the hundred million dollars more For earn users. dcg will exchange its existing 1.1 billion dollar note doing 2032 for convertible preferred stock and re and refinance its existing 2023 term loans in two tranches made payable to creditors within aggregate total value of approximately 500 million dollars So, I mean, it's not a total happy ending, but like, you know Yeah, yeah, so what they basically got

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