! ! ! Breaking news! ! !
Genesis successfully completed financial reorganization and launched an asset allocation plan with a total amount of up to US$4 billion, covering digital currencies and US dollar assets. Key highlights are as follows:
Bitcoin creditors: Successfully recovered 51.28% of the original claims, marking a significant repayment ratio for BTC creditors.
Ethereum creditors: Obtained a repayment rate of 65.87% in the form of ETH, demonstrating the high recovery value of ETH in the restructuring.
Altcoin creditors: Achieved repayment of up to 87.65%, highlighting the positive performance of non-mainstream tokens in liquidation.
Solana creditors: Despite facing challenges, they still received 29.58% of SOL asset recovery, which reflects part of their support for the Solana ecosystem.
U.S. dollar and stable currency creditors: Achieve full repayment in U.S. dollars, ensuring the financial security of stable currency and traditional currency creditors.
In addition, Genesis has established a special litigation fund with an amount of US$70 million, aiming to take legal action against third parties, including DCG, to further protect the interests of creditors and seek potential recovery opportunities. This move reflects the company's positive attitude and forward-looking layout in the restructuring process. #Genesis #Genesis债权人
