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Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’

The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis...

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Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’
The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all of their digital assets back in kind. The bankruptcy court is scheduled to consider Genesis’ request to approve […]

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

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