Just a month after bankrupt cryptocurrency exchange FTX sought $4 billion from the also bankrupt crypto lender Genesis, it is now contesting…
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- Cryptocurrency Market
FTX debtors object Genesis’ ‘critical’ claims estimate of ‘$0.00’
by WorldFinanceby WorldFinance 1 minutes readJust a month after bankrupt cryptocurrency exchange FTX was seeking $4 billion from the also bankrupt crypto lender Genesis, it is now…
- Cryptocurrency Market
Gemini, Genesis file to dismiss SEC lawsuit against Earn product
by WorldFinanceby WorldFinance 1 minutes readCryptocurrency exchange Gemini and bankrupt crypto lender Genesis Global Capital have jointly filed for the dismissal of a Securities and Exchange Commission…
- Cryptocurrency Market
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
by WorldFinanceby WorldFinance 1 minutes readDigital Currency Group (DCG), the parent company of crypto firm Genesis Capital, has reported no solution to its “outstanding intercompany obligations” that…
- Cryptocurrency Market
Genesis Mediation “Dies,” What Happens To The Enormous Debt?
by WorldFinanceby WorldFinance 3 minutes readGenesis Mediation “Dies,” What Happens To The Enormous Debt? Laura Shin says sources claim the Genesis Mediation is dead due to parties…
- American Stock Exchange
FTX gets approval for LedgerX sale, asserts $3.9 billion Genesis claim
by WorldFinanceby WorldFinance 2 minutes read© Reuters. FILE PHOTO: FTX logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Dietrich Knauth (Reuters)…
- Cryptocurrency Market
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
by WorldFinanceby WorldFinance 1 minutes readCryptocurrency exchange FTX is seeking to recover around $4 billion from similarly bankrupt crypto lender Genesis and a still-solvent British Virgin Islands-based…
- Cryptocurrency Market
Gemini And Genesis to Enter 30-Day Mediation Period For Resolution
by WorldFinanceby WorldFinance 3 minutes readGemini And Genesis to Enter 30-Day Mediation Period For Resolution Crypto exchange Gemini has agreed to enter a month-long meditation period to…
- Cryptocurrency Market
Gemini ‘supportive’ of Genesis mediation, but frustrated over pacing
by WorldFinanceby WorldFinance 1 minutes readCrypto lender Genesis and its key creditor group have agreed to a 30-day mediation process in an attempt to move forward with…
- Cryptocurrency Market
Genesis settlement disrupted by new creditor demands, DCG says
by WorldFinanceby WorldFinance 1 minutes readTroubled digital currency company Genesis Capital saw its settlement disrupted by creditors in two months after the initial agreement, raising concerns about…