Global investment firm Digital Currency Group (DCG) is suing its subsidiary Genesis Global Capital LLC over a $1.1 billion guarantee DCG provided to support the now-bankrupt Genesis during the last cryptocurrency crash.

In its complaint filed in the U.S. Bankruptcy Court for the Southern District of New York, DCG said it used the $1.1 billion promissory note to try to cover a potential “gap” in response to the 2022 collapse of crypto hedge fund Three Arrows Capital, which DCG noted was one of Genesis’ largest borrowers.

DCG is asking the court to order Genesis Global Capital to pay it more than $105 million plus interest. (The Block)