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coinpedia
2023-01-24 06:48:21

Genesis Trading Proposes Payout Plan to Creditors with a Deadline of May 19

Genesis Trading Proposes Payout Plan to Creditors with a Deadline of May 19

The post Genesis Trading Proposes Payout Plan to Creditors with a Deadline of May 19 appeared first on Coinpedia Fintech News Troubled cryptocurrency firm Genesis Trading has asked the court to oversee negotiations with creditors to initiate a payout plan no later than May 19, 2023, according to a hearing on Monday. Genesis Trading owes thousands of creditors more than $3 billion, which the company was not able to meet on time due to huge losses …

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