Genesis seeks authorization to sell $1.6 billion in trust assets

Genesis Global Capital, a crypto lender facing bankruptcy, has filed a motion with the U.S. Bankruptcy Court in the Southern District of New York, seeking approval to sell approximately $1.6 billion in trust assets. The move comes as part of the company’s efforts to address its financial challenges and settle legal matters. The assets in […] source: https://www.cryptopolitan.com/genesis-seeks-sell-1-6-billion-trust-assets/