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coinpedia 2024-02-03 10:09:14

FTX Seeks to Sell $175M Claim Against Genesis in Debt Settlement Move

The post FTX Seeks to Sell $175M Claim Against Genesis in Debt Settlement Move appeared first on Coinpedia Fintech News The defunct cryptocurrency giant FTX has taken a significant step by filing a motion in a Delaware court to seek approval for the sale of its $175 million claim against Genesis Global Capital, a bankrupt digital financial services firm. The claim, originally made by Alameda Research, a hedge fund linked to the collapsed cryptocurrency exchange, …

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