FTX Debtors Dispute ‘$0.00′ Estimates For Genesis’ ‘Materials’ Claims

9
437

Only a month after bankrupt crypto trade FTX sought $4 billion from additionally bankrupt crypto financier Genesis, the corporate is now contesting allegations that it’s entitled to nothing.

In keeping with the courtroom on June 2 submitting In New York chapter courtroom, FTX’s debtors challenged Genesis’ estimate that it was entitled to a complete declare of “$0.00” (Genesys did so in a movement for estimate filed on June 1). Says).

June 2, filed a courtroom petition in the US Chapter Court docket for the Southern District of New York.

Learn extra on Cointelegraph

See also  ADA, MATIC, ETH Are Not Securities, Decide Ruling Suggests Analysts

Comments are closed.