Genesis’ $175M FTX Settlement Opposed by Creditors, Including Gemini

FTX and Genesis Reach Agreement in Ongoing Bankruptcy Dispute

“[Genesis], by entering into the Proposed Settlement, have sought to buy the support of the FTX Debtors, and their votes,” said a Thursday filing by a set of creditors which calls itself the Fair Deal Group. “This is, of course, a perversion of the Chapter 11 process.”

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