DCG repays its short-term debt, $1.1B note to Genesis remains
btcfuture2035.eth
Aug 24
Digital Currency Group (DCG) just announced that it has finally wiped out all its short-term debt as of June. It took them 18 months and more than $1 billion to clear the slate with their creditors. And yeah, they had a good first half of the year, which helped. But there’s still one big thing left on their plate—a $1.1 billion promissory note to their bankrupt crypto-lending arm, Genesis, which isn’t due until 2032.
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