Coin Edition
2024-02-15 06:10:28

Court Has Greenlit Genesis to Sell $1.6B in Grayscale’s BTC, ETH Funds

Genesis, a bankrupt digital asset lending firm, has been allowed to sell $1.6 billion worth of Grayscale’s Bitcoin and Ethereum shares, as it aims to undergo restructuring and repay the creditors. According to a report from Reuters, Genesis Global received approval from United States Bankruptcy Judge Sean Lane on Wednesday during a court hearing in The post Court Has Greenlit Genesis to Sell $1.6B in Grayscale’s BTC, ETH Funds appeared first on Coin Edition .

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