Recently, Digital Currency Group (DCG), the parent entity of the insolvent cryptocurrency lender Genesis Capital, has raised objections against Genesis' proposed bankruptcy plan.

DCG argues that the plan contravenes the Bankruptcy Code by proposing to repay customers beyond their legal entitlement.

According to DCG, this approach unjustly benefits a specific subset of customers, thereby questioning the fairness and legality of the proposed repayment method.

This conflict introduces complexities in resolving Genesis Capital's bankruptcy, highlighting the challenges of managing creditor interests in cryptocurrency-related insolvencies.