In response to a declaration filed by Genesis interim CEO Derar Islim, the corporate has greater than $5 billion in liabilities – a sum significantly bigger than its property which, in accordance with a presentation to the courtroom on Monday, embrace roughly $150 million in unencumbered money, $500 million in digital property, $385 million in brokerage accounts and $505 million in excellent loans to 3rd events. Additionally among the many property are giant sums owed by its mum or dad firm, Digital Forex Group (DCG) – a $575 million mortgage maturing in Might and a $1.1 billion promissory observe due in 2032.
