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Business

First Hearing in Genesis Bankruptcy Case Set for Monday

Genesis filed for bankruptcy late Thursday.

By Danny Nelson
AccessTimeIconJan 20, 2023 at 11:39 p.m. UTC
Updated Jan 26, 2023 at 4:10 p.m. UTC
CDCROP: Genesis logo (Genesis Trading)

(Genesis Trading)

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Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.

Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Secure Your Seat

Crypto lender Genesis Global Capital’s “First Day Hearing” in its Chapter 11 bankruptcy case will take place on Monday, Jan. 23, at 2:00 p.m. ET, according to court filings.

Genesis is owned by Digital Currency Group, which also owns CoinDesk.

Read more: Genesis Claims $5.1B in Liabilities in First-Day Bankruptcy Filing

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

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Danny Nelson

Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

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Danny Nelson

Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.

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GenesisDCGBankruptcyUS