Genesis made a statement about the mediation process
The bankrupt cryptocurrency company Genesis stated that the mediation process will end soon.
The bankrupt cryptocurrency company Genesis stated that the mediation process will end soon.
Two of the leading players in the cryptocurrency industry, FTX and Genesis, have taken an important step towards resolving...
Crypto lender Genesis Global Capital is FTX’s largest unsecured creditor, with $226 million in claims.
The updated plan from mediated discussions with parent company DCG reflects “substantial agreement” on several key issues.
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy.
Three Arrows Capital (3AC) has requested to be involved in the bankruptcy mediation process of crypto firm Genesis Global.
The defunct crypto hedge fund has claimed over $1 billion against Genesis, which itself filed for bankruptcy in January.
The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.
Gemini, the cryptocurrency exchange founded by the billionaire Winklevoss twins, is taking action against the US securities regulator.
Cryptocurrency exchange Gemini said that Grayscale and Genesis' parent company DCG missed a $630 million debt settlement.
Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid...
The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments.
Cryptocurrency exchange FTX wants to buy back the remaining $3.9 billion in Genesis.
There will be a hearing on May 25 to discuss the motion by the FTX estate.
Creditors of bankrupt crypto lender Genesis go to mediation.
The process can start once the parties agree on a mediator and submits an order to the U.S. bankruptcy...