Bankrupt Genesis Global Receives Court Approval for $3,000,000,000 Payout to Customers

A US bankruptcy court has just greenlighted the liquidation plan of crypto lender Genesis Global to return about $3 billion to its creditors. In a memorandum decision, Judge Sean Lane says that Genesis’ Chapter 11 liquidation plan is reasonable and has been proposed in good faith. “The Court finds that the Plan should be confirmed The post Bankrupt Genesis Global Receives Court Approval for $3,000,000,000 Payout to Customers appeared first on The Daily Hodl .