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Cryptocurrency Cointelegraph

FTX seeks to claw back $4B from Genesis in a battle of the bankrupt

The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FTX seeks to claw back $4B from Genesis in a battle of the bankrupt

The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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