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Genesis and DCG creditor committee propose plan for asset reco | Crypto | Bitcoin | Blockchain

Genesis and DCG creditor committee propose plan for asset recovery

Gemini
co-founder Cameron Winklevoss took to Twitter to explain the path for asset recovery for Gemini Earn users. "This plan is based on information received from Genesis, DCG, and their respective advisors to date.

Gemini has been working with Genesis and DCG since Nov. 22 to help customers get their Earn redemptions. Genesis owes Gemini Earn users $900 million, The Block previously reported. Gemini formed the creditor committee on Dec. 6 following the Gemini Earn freeze, and Houlihan Lokey has been the financial advisor to the creditor committee since Dec. 9.

Source

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