Chamber of Commerce Says “The SEC’s actions are not just harmful policy; they are unlawful.”
The Breakdown
00:00
DCG's Refinance of Genesis Bankruptcy
Settlement negotiations surrounding the bankruptcy of crypto lender Genesis appear to have hit a snag. All parties agreed to enter into court facilitated mediation to come to a new agreement beginning last Monday. DCG is under pressure to close a deal, as the crypto conglomerate has $630 million in intercompany loans falling due this week. On Tuesday, DCG released a statement saying they continue to be engaged in the 30-day mediation process and look forward to a productive resolution.
Play episode from 13:31
Transcript
