Genesis Finalizes Restructuring Plan, Initiates Repayments
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Bankrupt crypto lender Genesis Global Capital has now completed its restructuring process and initiated debt repayments to creditors. This significant development comes in the wake of reports highlighting Genesis's large-scale network transactions in recent days. Furthermore, Genesis moved $1.5 billion in Bitcoin, evidencing the company's active financial maneuvers in a bid to stabilize its position and meet obligations.
Source : bitcoinist.com ↗