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Market Cap:
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Cryptocurrencies: 22239
Bitcoin Bitcoin Share: 58.47%
Markets: 88217
Coinpedia
2023-10-12 11:09:33

FTX and Genesis Settle in Cryptocurrency Bankruptcy Case!

The post FTX and Genesis Settle in Cryptocurrency Bankruptcy Case! appeared first on Coinpedia Fintech News FTX and Genesis Global Trading (GGC) have reached a settlement agreement approved by a New York bankruptcy judge. The settlement allows FTX-affiliated Alameda Research to receive $175m from GGC, after FTX debtors collectively asserted claims totalling approximately $3.9bn in May 2023. The approved settlement marks a significant reduction from the original amount claimed. Genesis previously …

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