Genesis完成第11章重整計劃，比特幣債權人收回51.28%的債權

根據重組計劃，比特幣債權人將收到相當於其債權 51.28% 的追償，並以原始加密貨幣支付。

Genesis, the bankrupt crypto lender, has completed its Chapter 11 restructuring plan as of August 2, according to court filings.

根據法庭文件，破產的加密貨幣貸款機構 Genesis 已於 8 月 2 日完成了第 11 章規定的重整計畫。

Under the restructuring plan, Bitcoin creditors will receive recoveries amounting to 51.28% of their claims, paid out in the original cryptocurrency. Ether creditors will see a higher recovery rate of 65.87%.

根據重組計劃，比特幣債權人將獲得相當於其債權 51.28% 的追償，並以原始加密貨幣支付。以太坊債權人將看到更高的回收率，達到 65.87%。

Most altcoin creditors are set to receive 87.65% of their digital assets. However, Solana creditors face a notably lower recovery rate of 29.58%. Stablecoin and cash creditors will be able to recoup 100% of their losses, paid in US dollars.

大多數山寨幣債權人將獲得其數位資產的 87.65%。然而，Solana 債權人面臨的回收率明顯較低，為 29.58%。穩定幣和現金債權人將能夠以美元支付 100% 的損失。

A $70 million litigation fund has also been established for creditors who may seek further legal action against third parties involved in the bankruptcy, including Genesis’ parent company, Digital Currency Group (DCG).

還設立了 7,000 萬美元的訴訟基金，讓債權人尋求對涉及破產的第三方採取進一步法律行動，其中包括 Genesis 的母公司數位貨幣集團 (DCG)。

Genesis’ troubles stem from its involvement in institutional lending, where it borrowed funds from firms like Gemini, founded by the Winklevoss twins, and lent to entities such as Three Arrows Capital.

Genesis的麻煩源於其參與機構貸款業務，它從Winklevoss雙胞胎創立的Gemini等公司借入資金，並向三箭資本等實體提供貸款。

The default of Three Arrows Capital materially impacted Genesis and strained the relationship between Gemini co-founder Cameron Winklevoss and DCG CEO Barry Silbert. Winklevoss publicly criticized Silbert, accusing him of fraud and poor management of the corporate conglomerate, which includes Grayscale, Foundry, Luno, and Genesis.

三箭資本的違約對 Genesis 產生了重大影響，並使 Gemini 聯合創始人 Cameron Winklevoss 和 DCG 首席執行官 Barry Silbert 之間的關係變得緊張。溫克萊沃斯公開批評西爾伯特，指責他欺詐以及對包括 Grayscale、Foundry、Luno 和 Genesis 在內的企業集團管理不善。

In addition to completing its restructuring plan, Genesis has agreed to a $21 million settlement with the Securities and Exchange Commission (SEC) for selling unregistered securities alongside the Gemini Earn program.

除了完成重組計劃外，Genesis 還同意與美國證券交易委員會 (SEC) 達成 2,100 萬美元的和解協議，用於與 Gemini Earn 計劃一起出售未註冊證券。

As part of the settlement related to Gemini Earn, creditors will start receiving the assets owed to them by the beginning of the month. Roughly 97% of owed funds will be initially repaid through in-kind reimbursements. This means that customers who deposited one bitcoin into Gemini Earn will receive that bitcoin back, rather than the U.S. dollar value of the token at a specific date.

作為與 Gemini Earn 相關和解的一部分，債權人將在本月初開始收到欠他們的資產。大約 97% 的欠款最初將以實物償還方式償還。這意味著向 Gemini Earn 存入一枚比特幣的客戶將收到該比特幣，而不是在特定日期代幣的美元價值。

This approach differs from FTX’s bankruptcy response, which plans to reimburse customers based on the dollar value of their claims at the time of FTX’s bankruptcy filing.

這種做法與 FTX 的破產應對不同，後者計劃根據 FTX 申請破產時索賠的美元價值向客戶進行補償。