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Genesis seeks authorization to sell $1.6 billion in trust assets

Genesis seeks authorization to sell $1.6 billion in trust assets


Cryptopolitan
2024-02-03 23:34:23

Genesis Global Capital, a crypto lender facing bankruptcy, has filed a motion with the U.S. Bankruptcy Court in the Southern District of New York, seeking approval to sell approximately $1.6 billion in trust assets. The move comes as part of the company’s efforts to address its financial challenges and settle legal matters. The assets in


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