FTX to receive $175M and withdraw up to $1B in other claims against Genesis
The bankruptcy estate of crypto lending firm Genesis Global Capital has submitted a proposed order to implement the company’s settlement agreement with collapsed crypto exchange FTX. The proposed order was filed Thursday in the U.S. Bankruptcy Court for the Southern District of New York. It comes after Judge Sean H. Lane issued a decision on The post FTX to receive $175M and withdraw up to $1B in other claims against Genesis appeared first on CryptoSlate.