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

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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.

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