• 11/29/2024

Crypto Lender Genesis Global Gets Wind-Down Plan Approved

Wall Street Journal

A bankruptcy judge approved a chapter 11 wind-down plan for Genesis that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its bankruptcy filing.

https://www.wsj.com/articles/crypto-lender-genesis-gets-approval-for-chapter-11-wind-down-plan-289e1ca6