Gemini proposed a plan to seek the recovery of more funds from DCG

ChainCatcher news, according to The Information, cryptocurrency exchange Gemini has proposed a plan to recover more funds from Genesis's parent company DCG and is seeking support from other creditors. The plan aims to secure a larger share of any funds obtained through suing DCG, estimated at $2.8 billion.

A document shows that the plan could allow unsecured creditors to recover 70% to 90% in dollar equivalents and 65% to 90% based on the face value of digital assets.