Legal Battle Between Genesis and DCG May End Soon

<h1 class="d-none">The Legal Battle Between Genesis and DCG May End</h1> <h2 class="d-none">Genesis and DCG&#039;s Legal Battle Could End Soon</h2> The Legal Battle Between Genesis and DCG May End

Genesis and its parent company DCG have reached a deal that seeks to end an ongoing lawsuit seeking repayment of $620 million from DCG.

DCG has agreed to repay Genesis' remaining $324.5 million loan by April 2024, it said in a bankruptcy court filing Nov. 28.

It is believed that this repayment may end the ongoing legal battle between Crypto Lender Genesis and its parent company Digital Currency Group (DCG).