🚀Genesis wins legal bid to keep DCG's ownership stake intact during bankruptcy proceedings🔒

- Genesis aims to secure $700M tax benefits💰

- Tax-consolidated group status with DCG is crucial🔑

- Carryforwards reduce federal income tax liability📉

Genesis filed for bankruptcy in Jan after a tough year in crypto. Now, they're fighting to preserve $700M in federal net operating loss carryforwards, crucial for reducing tax liability & boosting cash position💪

Court order stops DCG from reducing stake, ensuring Genesis keeps tax benefits🏛️

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