“Debtors have repeatedly promised that a plan that resolves claims against DCG is right around the corner, as they seek extension after extension of mediation periods, hearing dates, and bid deadline,” the Gemini filing said. The harm to Gemini is worsened by the fact, it said, that DCG has “not paid any of the approximately $630 million in loans that came due to the Debtors in May 2023.”
Related posts
-
USDT operator Tether hints at AI plan in 2025
Tether, the company behind the $140 billion stablecoin USDT, is planning to expand into artificial intelligence... -
Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global
Coinbase has thrown a legal argument against a lawsuit... -
French MP Sarah Knafo Calls for Bitcoin Reserves, Slams EU’s Digital Euro Plan
In a recent address, European Parliament member Sarah Knafo discussed El Salvador’s bitcoin adoption and hinted...