BREAKING: Genesis Starts Payments to Creditors with Bitcoin and Other Assets, Bloomberg Says
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Bloomberg reported that Genesis, a bankrupt cryptocurrency loan company, has initiated payments to its creditors. The payments are being made in Bitcoin, other cryptocurrencies, and cash.
Genesis' decision marks a significant step in the company's ongoing bankruptcy proceedings, offering a partial resolution to those impacted.
This move is being closely watched by the industry as it sets a precedent for how other bankrupt crypto firms might handle similar situations in the future.
Source: en.bitcoinsistemi.com ↗
