US Trustee Seeks More Time To Weigh Genesis' Ch. 11 Update

By Aislinn Keely · November 2, 2023, 10:11 PM EDT

The U.S. Trustee has raised qualms about what it says is the lack of time it has been given to review significant changes to bankrupt crypto lender Genesis' Chapter 11 plan, including...

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Bankruptcy Scorecard

Summary

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

Capital Structure

Total Liabilities:

$5.1 billion

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Documents

Related Sections

Case Information

Case Title

Genesis Global Holdco, LLC

Case Number

1:23-bk-10063

Court

New York Southern

Nature of Suit

Date Filed

January 19, 2023

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