Digital Currency Group said it's close to"reaching an agreement in principle to resolve the claims in the Genesis Capital Chapter 11 cases," according to a letter sent to shareholders Monday.The Genesis lending business froze withdrawals last year in the aftermath of FTX's collapse, which, among other things, affected customers of a lending product from the Gemini exchange.
In the letter, DCG also revealed it had found a new chief financial officer, Mark Shifke, filling a role vacant since earlier this year.
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