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Genesis Bankruptcy Parties Agree to a 30-Day Mediation Period

Genesis Global, a bankrupt crypto lender, has agreed with its creditors and other parties to a 30-day mediation period, pending the appointment of a mediator. The mediation will assist in the terms and conditions of a contribution from Digital Currency Group (DCG), Genesis' owner and the parent company of CoinDesk, to the debtors' reorganization plan.

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