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Gemini Trust has emailed creditors about the proposed restructuring plan, now submitted for a vote

Gemini Trust has emailed creditors about the proposed restructuring plan, now submitted for a vote

Cointime2023/12/14 06:33
By: Cointime
XOLDTOKEN0.00%

Gemini Trust posted on the X platform that on December 13th, the company sent an email to creditors outlining a proposed restructuring plan that has now been submitted for a vote. Under the proposed plan, creditors will receive compensation equal to their Earn cryptocurrency balance held before January 19, 2023, which is the day that Gemini's cryptocurrency lending partner, Genesis Global Capital, filed for bankruptcy.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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