Bankrupt Crypto Lender Genesis Faces Deadline: New York Court Orders Compliance With Terra Subpoena Within 5 Days

After failing to respond to a prior order, embattled crypto lender Genesis has been subpoenaed by a New York court to produce documents related to the collapse of the algorithmic stablecoin TerraUSD (UST) last year.
In a court order dated October 13, Judge Jed Rakoff noted how Genesis hadn’t responded in “any manner whatsoever” to subpoenas executed by Terraform Labs on September 12, which required the trading desk to produce documents by October 9....
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