Three Arrows Capital to Receive $33 Million From Genesis, Court Approves

The post Three Arrows Capital to Receive $33 Million From Genesis, Court Approves appeared first on Coinpedia Fintech News Crypto lender Genesis, which faced financial difficulties, is poised to settle $1 billion in claims with the now-defunct crypto hedge fund 3 Arrows Capital (3AC). Court documents reveal that Genesis will pay $33 million to bring closure to this significant chapter. This deal, resulting from negotiations, is subject to court approval. As reported by Coindesk, …