Crypto Lender Genesis On Track To Exit Ch. 11 In July

By Clara Geoghegan · May 30, 2024, 6:38 PM EDT

Attorneys for Genesis Global Holdco LLC told a New York bankruptcy judge Thursday that the defunct crypto lending platform expects to exit bankruptcy in July and has laid groundwork to help...

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Bankruptcy Scorecard


Cryptocurrency lending platform Genesis Global Holdco LLC filed for Chapter 11 bankruptcy in January 2023 with $5.1 billion, after huge players in the digital asset space fell into Chapter 11, including exchange FTX Trading Ltd. and lending platform Celsius Networks.

Case Number



Sean H. Lane


U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$5.1 billion

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Case Information

Case Title

Genesis Global Holdco, LLC

Case Number



New York Southern

Nature of Suit

Date Filed

January 19, 2023