Bankruptcy filing: Genesis Global owes more than $3.6B to its top 50 creditors, including $766M to Winklevoss' Gemini Trust Company
- Genesis Global filed for bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York. — In the filing, the company published a list of its top 50 unsecured claims.
In a bankruptcy hearing, FTX lawyers say a “substantial amount” of assets have been stolen from accounts; client names and addresses will be redacted for now
Crypto is the cat with nine lives, but some wonder if FTX might be the last one. CNBC : FTX lawyer calls this case ‘a different sort of animal’ in first bankruptcy hearing Panda Security Mediacenter :...
Filings: FTX CEO John Ray III, who ran Enron's bankruptcy process, slams SBF's “unprecedented” management, describing a “complete failure of corporate controls”
Programming note: Money Stuff will be off tomorrow, back on Monday. Rohan Goswami / CNBC : Bahamas regulators confirm they're holding some of FTX's assets Laurie Dunn / Crypto Daily : Is The FTX Debac...