2 August 2024

Crypto lender Genesis and related companies complete their bankruptcy restructuring and begin distributing ~$4B in digital assets and cash to creditors (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg:
Crypto lender Genesis and related companies complete their bankruptcy restructuring and begin distributing ~$4B in digital assets and cash to creditors  —  - Bitcoin creditors will receive 51% recovery on in-kind basis  — Genesis distributions come soon after Mt Gox repaid billions

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