Genesis Seeks Green Light from Bankruptcy Court for $1.4 Billion GBTC Share Sale

1 year ago 29

Crypto lender Genesis Global Capital, currently undergoing bankruptcy proceedings, has requested permission to sell trust assets worth approximately $1.6 billion. In a motion filed with the U.S. Bankruptcy Court in the Southern District of New York, the firm sought approval to sell assets held by Genesis, a subsidiary of the Digital Currency Group. The assets include […]

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