FTX Pursues $4 Billion Recovery from Genesis in Bankruptcy Battle
The Collapsed cryptocurrency exchange and business, FTX, is embroiled in a legal battle to recover approximately $4 billion from bankrupt crypto lender Genesis and a...
Tag : Genesis Crypto Lender
Genesis to Resolve Creditor Disputes This Week
Genesis Global Capital’s lawyer has stated that the cryptocurrency lender is confident it will be able to resolve its disputes with creditors this week and...
Genesis Crypto Lender Files for Chapter 11 Bankruptcy
One of the largest cryptocurrency lenders, Genesis, has filed for voluntary chapter 11 bankruptcy in the US, becoming the most recent victim of the global...
Genesis Owes Gemini Exchange’s Users $900 Million
The Financial Times reported that crypto broker Genesis and its parent company, Digital Currency Group (DCG), owe $900 million to customers of the Winklevoss twins’...
Genesis Crypto Lender Hires a Restructuring Adviser to Avoid Bankruptcy
The cryptocurrency lender, Genesis Global Capital has hired investment bank Moelis & Company to consider alternatives including a potential bankruptcy, according to the New York...