Cryptopolitan
2023-05-04 10:26:22

Clawback action initiated by FTX to recover $1.6 billion from Genesis

To recoup its losses, bankrupt cryptocurrency exchange FTX has filed court documents seeking $1.8 billion in loans and a $273 million collateral pledge it claims was given to Genesis Global Capital by FTX’s sister trading firm, Alameda Research. FTX is also pursuing the recovery of $1.6 billion in withdrawals that it alleges were made by … Clawback action initiated by FTX to recover $1.6 billion from Genesis Read More »

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