Genesis wins court nod to return $3 billion to creditors

2024-5-19 05:10

Court approves Genesis Global's plan to distribute $3 billion to creditors, rejecting Digital Currency Group's objections. The post Genesis wins court nod to return $3 billion to creditors appeared first on Crypto Briefing.

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billion genesis creditors court wins nod return

Источник: cryptobriefing.com

billion genesis → Результатов: 82


Next Bitcoin Crash? Insight On Genesis’ $1.5 Billion GBTC Sale

The crypto community has been abuzz with discussions surrounding Genesis’ intent to sell approximately 36 million shares of Grayscale Bitcoin Trust (GBTC), a move valued around $1.5 billion. This announcement stoked fears of a potential market downturn, reminiscent of the apprehensions following the FTX bankruptcy estate’s sale of over $1 billion worth of GBTC. However, a […]

2024-2-14 14:30


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Genesis seeks court approval to slash 3AC claim from $1B to $33M

Bankrupt crypto lender Genesis has sought court approval for its proposed settlement agreement with collapsed crypto hedge fund Three Arrows Capital (3AC), according to a Nov. 9 court filing. Under the agreement, 3AC will have an allowed general unsecured claim of $33 million against the bankrupt lender instead of the previous over $1 billion claim […] The post Genesis seeks court approval to slash 3AC claim from $1B to $33M appeared first on CryptoSlate.

2023-11-10 15:10


Gemini Files Lawsuit Against Genesis Over Disputed $1.6 Billion Bitcoin Trust Shares

In a recent development, crypto exchange Gemini has filed a lawsuit against the crypto platform Genesis Global about the ownership of shares in the Grayscale Bitcoin Trust (GBTC).  Per the lawsuit, the exchange is seeking a determination from a federal judge to establish that Genesis has no right to over 60 million GBTC shares pledged […]

2023-10-28 00:00


Bitcoin Price About To Hit $30K – Factors Pushing BTC Higher

Following US Federal Reserve chair Jerome Powell’s recent comments that led to higher treasury yields, Bitcoin price and other cryptocurrencies experienced modest gains on Friday. However, a legal action by the state of New York against Digital Currency Group, Genesis Global Capital, and the Gemini crypto exchange, alleging fraud exceeding $1 billion, created some uncertainty. […]

2023-10-20 09:31


Court Filing Suggests FTX’s $2 Billion Lawsuit Against Genesis Is Coming To An End

The legal tussle between bankrupt crypto exchange FTX and crypto lender Genesis seems to be coming to a resolution, a recent court filing reveals. According to the letter filed yesterday at the US bankruptcy court for the Southern District of New York, both firms – who happened to have filed for bankruptcy – have agreed to settle their ongoing billion-dollar dispute.

2023-7-30 23:00


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