DCG has reached a preliminary agreement with Genesis creditors, which may allow creditors to recover 70%-90% of their assets

ChainCatcher news, according to court documents cited by CoinDesk, DCG has reached a preliminary agreement with Genesis's creditors to address the claims raised in the Genesis bankruptcy case.

It is reported that the plan may allow unsecured creditors to recover amounts equivalent to 70% to 90% of their dollar value, and depending on the denomination of digital assets, recoveries in physical terms could range from 65% to 90%. All estimated recovery amounts are subject to market pricing and explicit documentation.