Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others

Genesis has finalized its restructuring process and started distributing roughly $4 billion in digital assets and US dollars to creditors, according to an Aug. 2 statement. The company revealed that creditors will recover an average of 64% of their crypto claims, depending on the coins. Bitcoin holders will regain 51.28% of their holdings, Ethereum creditors […] source: https://cryptoslate.com/genesis-begins-distributing-4-billion-in-assets-to-creditors-creates-legal-fund-to-sue-dcg-others/