Bankrupt crypto lender Genesis optimistic it can resolve creditor disputes

Bankrupt crypto lender Genesis optimistic it can resolve creditor disputes

#Bankrupt #crypto #lender #Genesis #optimistic #resolve #creditor #disputes

guest
5 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
coinfeeds-bot

tldr; Genesis Global Capital’s lawyer Sean O’Neal has said that the cryptocurrency lender had some confidence it could resolve its disputes with creditors this week, with a goal of emerging from Chapter 11 by late May. “Sitting here right now, I don’t think we’re going to need a mediator…I’m very much an optimist,” he added. Genesis and two lending units filed for bankruptcy protection from creditors on January 19.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Primary_Technical

I hope this would get something back to the victims of this .

TT_Cryptz

lol….

kirtash93

Dispute: “You owe me money”

Solution: Ok. Close dispute.

Problem solved.

Spicoli007

Even a court-ordered judgement in favor of the investors cannot force someone to payout. Anybody in here ever won a judgement? It’s a joke. In either case, I always hope for the best.

Recent Posts