Bankruptcy

Compound Labs Founder on Options for Genesis Creditors
Compound Labs Founder on Options for Genesis Creditors
Compound Labs founder Robert Leshner discusses the potential options for Genesis' creditors, like himself, after the crypto lender filed for Chapter 11 bankruptcy and owes ov...
Compound Labs Founder on Options for Genesis Creditors

First Hearing in Genesis Bankruptcy Case Set for Monday
First Hearing in Genesis Bankruptcy Case Set for Monday
Crypto lender Genesis Global Capital's first hearing in its Chapter 11 bankruptcy case will take place Monday afternoon, according to court filings. Genesis has over 100,000 c...
First Hearing in Genesis Bankruptcy Case Set for Monday

Sullivan & Cromwell To Continue Representing FTX in Bankruptcy Proceedings Despite Controversy
Sullivan & Cromwell To Continue Representing FTX in Bankruptcy Proceedings Despite Controversy
A bankruptcy court judge in Delaware has given New York law firm Sullivan & Cromwell the green light to continue representing FTX during its bankruptcy proceedings. CoinDesk r...
Sullivan & Cromwell To Continue Representing FTX in Bankruptcy Proceedings Despite Controversy

(Genesis Trading)
First Hearing in Genesis Bankruptcy Case Set for Monday
Genesis filed for bankruptcy late Thursday.
(Genesis Trading)

(Billy Huynh/Unsplash)
Stellar Foundation Nicked by Genesis Bankruptcy With $13M Claim
The Stellar Development Foundation was revealed to be among the bankrupt crypto lending desk’s largest creditors.
(Billy Huynh/Unsplash)

Bitcoin Holds Firm Over $21K as DCG Responds to Genesis' Chapter 11 Filing
Bitcoin Holds Firm Over $21K as DCG Responds to Genesis' Chapter 11 Filing
The price of bitcoin is remaining calm, after Genesis’ crypto lending businesses file for bankruptcy protection. In a statement on Friday, DCG said that neither it nor any of...
Bitcoin Holds Firm Over $21K as DCG Responds to Genesis' Chapter 11 Filing

(CoinDesk TV)
What's Next for Genesis Creditors? It Depends on What's in the Bankruptcy Filing
It may “take a long time” to figure out Genesis' assets and liabilities, Eric Snyder, partner at Wilk Auslander, told CoinDesk TV.
(CoinDesk TV)

(ZargonDesign/Getty Images, modified by CoinDesk)
Genesis Files for Chapter 11
The bankruptcy filing came late Thursday night.
(ZargonDesign/Getty Images, modified by CoinDesk)

Bankrupt Crypto Lender Genesis Claims $5.1B in Liabilities
Bankrupt Crypto Lender Genesis Claims $5.1B in Liabilities
Crypto lending firm Genesis held $5.1 billion in liabilities in the weeks following its freeze on withdrawals last November, according to court documents signed by interim CEO...
Bankrupt Crypto Lender Genesis Claims $5.1B in Liabilities

Next Steps After Genesis’ Crypto Lending Businesses File for Bankruptcy
Next Steps After Genesis’ Crypto Lending Businesses File for Bankruptcy
Genesis Global Holdco LLC, the holding company of cryptocurrency lender Genesis Global Capital, files for Chapter 11 bankruptcy protection. Wilk Auslander LLP Partner Eric Sny...
Next Steps After Genesis’ Crypto Lending Businesses File for Bankruptcy