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 / Riah Marton /



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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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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