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Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares worth over $1.3b as part of efforts to reimburse customers. In a Feb. 14 hearing conducted via Zoom, Judge Sean Lane signed off on an order permitting the […]
The post Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients appeared first on Cryptonews.
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