Crypto lender Genesis Global obtained tribunal support Friday to instrumentality astir $3 cardinal to its customers arsenic portion of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group (DCG), which argued that repayments should beryllium based connected January 2023 cryptocurrency values. […] Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
4 months ago
Crypto lender Genesis Global obtained tribunal support Friday to instrumentality astir $3 cardinal to its customers arsenic portion of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group (DCG), which argued that repayments should beryllium based connected January 2023 cryptocurrency values. […] Related
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