Branden
Genesis creditor who shares their perspective on the alleged fraud and their involvement in the ad hoc group.
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Nov 4, 2023 • 1h 29min
Two Genesis Creditors Describe Their Frustrations With the Bankrupt Crypto Lender - Ep. 565
BJ and Branden, pseudonymous creditors of the bankrupt crypto lender Genesis, share their harrowing experiences with the company and its parent, Digital Currency Group. They discuss their initial decision to invest further into Genesis after the fallout from the Three Arrows Capital collapse. The duo expresses their frustration over the alleged fraud and seeks faster repayment of the $1.1 billion owed, emphasizing the need for transparency and actual Bitcoin returns. Their insights shed light on the wider implications of the ongoing legal battles and the complexities of navigating bankruptcy.
Nov 6, 2023 • 1h 28min
UNCHAINED: Two Genesis Creditors Describe Their Frustrations With the Bankrupt Crypto Lender
Genesis creditors BJ and Branden discuss alleged fraud by crypto lender Genesis and its parent company DCG. They reveal how they gave more loans after the 3AC hit and now want DCG to pay back $1.1 billion in Bitcoin. They talk about the lawsuit against Genesis, DCG, and Gemini. The podcast covers experiences, frustrations, deceptive phone calls, communication breakdown, bankruptcy filing, controversial promissory note, unsecured creditors committee, and proposed restructuring plan.
