Crypto Cos. Genesis, FTX Reach Deal On Bankruptcy Claims
By Emily Lever · July 31, 2023, 6:09 PM EDT
Crypto companies Genesis and FTX have reached an agreement over their respective claims on each other's bankruptcy estates, according to a joint letter the two parties have sent to a New...
Cryptocurrency lending platform Genesis Global Holdco LLC filed for Chapter 11 bankruptcy in January 2023 with $5.1 billion, after huge players in the digital asset space fell into Chapter 11, including exchange FTX Trading Ltd. and lending platform Celsius Networks.
Case Number
23-bk-10063
Judge
Sean H. Lane
Venue
U.S. Bankruptcy Court for the Southern District of New York