Genesis moves for early bankruptcy payouts as NYAG suit applies pressure

Blog post1 min readUpdated Feb 24, 2025View source ↗

A recent lawsuit initiated by the New York Attorney General’s Office (NYAG) could impact Genesis’ bankruptcy process, according to a Oct. 24 report from Reuters. Genesis plans to propose a “no deal” bankruptcy plan in response to actions taken by the NYAG, in which, instead of waiting for the lawsuit’s outcome, it would distribute available […]. The post Genesis moves for early bankruptcy payouts as NYAG suit applies pressure appeared first on CryptoSlate.

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