Crypto lending company Genesis is seeking Chapter 11 bankruptcy protection as faltering prices and the downfall of FTX continue to rattle the industry. Genesis Global Holdco LLC and two of its lending ...
Digital Currency Group (DCG) said it's close to "reaching an agreement in principle to resolve the claims in the Genesis Capital Chapter 11 cases," according to a letter sent to shareholders Monday.
Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency Group (DCG), filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday night.
Bankrupt crypto lender Genesis Global and a major creditor group have reached a new agreement with its parent company and largest borrower, Digital Currency Group, paving a way for resolving billions ...
A bankruptcy judge approved a chapter 11 wind-down plan for Genesis Global that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its ...
Jan. 20 (UPI) --In a continued breakdown of the cryptocurrency industry, virtual lender Genesis filed for Chapter 11 bankruptcy late Thursday, listing liabilities of up to $11 billion. The filing ...
Genesis’s two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the announcement, the firm aims to enact “a global resolution to ...
Cryptocurrency lender Genesis has filed for Chapter 11 bankruptcy in the Southern District of New York. The firm has estimated liabilities of $1 billion to $10 billion and assets in the same range, ...
The crypto landscape has suffered another tectonic shift as crypto lender Gensis files for a Chapter 11 bankruptcy. This marks another company in the crypto space succumbing to the volatile nature of ...
Genesis Global Holdco LLC, the parent company of embattled crypto lender Genesis, filed for Chapter 11 bankruptcy protection late Thursday night in the Southern District of New York after it was ...
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