Lenders Call For Shot At Writing Genesis' Ch. 11 Plan
By Yun Park · October 23, 2023, 6:01 PM EDT
An ad hoc creditor group of Genesis Global Holdco LLC asked a New York bankruptcy judge to decline the crypto lender's request to extend its exclusive right to propose reorganization plans...
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