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FTX and Genesis agree to resolve claims in the bankruptcy case

Posted on 07/29/2023

FTX and Genesis agree to resolve claims in the bankruptcy case

FTX and Genesis are bankrupt and have been trying to collect funds for creditors under court supervision. The agreement will resolve FTX’s claims against Genesis debtors and vice versa. Genesis is the largest unsecured creditor of FTX. Defunct cryptocurrency exchange FTX has reached an in-principle agreement with the bankrupt cryptocurrency lender Genesis. Legal representatives from […]

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