Crypto lender Genesis to return US billion to customers in bankruptcy wind-down

Crypto lender Genesis to return US$3 billion to customers in bankruptcy wind-down

May 18, 2024 / NYJ Editorial Desk /



CRYPTO lender Genesis Global received court approval on Friday to return about US$3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy.



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NYJ Editorial Desk

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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