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Coin Edition 2024-05-18 08:28:39

Crypto Lender Genesis Wins Court Approval for $3 Billion Repayment Plan

In a victory for creditors, a U.S. bankruptcy judge on Friday approved a plan by Genesis Global Capital, a bankrupt cryptocurrency lender, to repay approximately $3 billion in a combination of digital assets and cash. The ruling by Judge Sean Lane of the Southern District of New York overrode objections from Genesis’ parent company, Digital The post Crypto Lender Genesis Wins Court Approval for $3 Billion Repayment Plan appeared first on Coin Edition .

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