Firm is latest casualty in sector as cryptocurrencies contagion spreads after FTX collapse The cryptocurrency lender Genesis has filed for Chapter 11 bankruptcy in the US, becoming the latest victim ...
Crypto lender Genesis Global has become the latest firm to throw in the towel following the collapse of FTX, filing for Chapter 11 bankruptcy protection in New York. Cryptocurrency lender Genesis has ...
A bankruptcy judge approved a chapter 11 wind-down plan for Genesis Global that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its ...
he bankruptcy of Barry Silbert’s Genesis Global may not have pummeled crypto markets like the implosion of Sam Bankman-Fried’s FTX did, but it features a list of top creditors with similarly large ...
Genesis’s two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the announcement, the firm aims to enact “a global resolution to ...
NEW YORK (Reuters) - Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its ...
The first hearing in Genesis Capital’s bankruptcy case will be held on Jan. 23 at 2:00 pm Eastern Time, according to court filings. Judge Sean H. Lane of the United States Bankruptcy Court for the ...
The parent of Genesis Global objected to the bankrupt cryptocurrency lender’s proposed chapter 11 plan, saying that certain unsecured creditors would be paid more than they are owed at the cost of the ...
Digital Currency Group (DCG) said it's close to "reaching an agreement in principle to resolve the claims in the Genesis Capital Chapter 11 cases," according to a letter sent to shareholders Monday.
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