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Thursday, August 8, 2024
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    HomeFinanceFTX Debtors Oppose Genesis' 'Essential' Claims That Are '$0.00'

    FTX Debtors Oppose Genesis’ ‘Essential’ Claims That Are ‘$0.00’

    Only a month after bankrupt cryptocurrency trade FTX demanded $4 billion from additionally bankrupt crypto lender Genesis, it’s now disputing the declare that it’s not entitled to something.

    In response to June 2 In a submitting filed in the US Chapter Courtroom for the Southern District of New York, FTX’s debtors objected to Genesis’ evaluation that they had been entitled to the $0.00 claims Genesis made in June. 1.

    June 2 motion in the US Chapter Courtroom for the Southern District of New York. Supply: US Chapter Courtroom.

    Proceed studying Coin Telegraph.

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