Bankrupt crypto lender Genesis optimistic it can resolve creditor disputes

By Dietrich Knauth

Technology
Tuesday, 24 Jan 2023
7:56 AM MYT

FILE PHOTO: Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration

NEW YORK (Reuters) -A lawyer for the bankrupt Genesis Global Capital said on Monday that the cryptocurrency lender had some confidence it could resolve its disputes with creditors this week, with a goal of emerging from Chapter 11 by late May.

Sean O'Neal, the lawyer, spoke at an initial hearing in Manhattan bankruptcy court for Genesis Global Capital, the crypto lending business owned by Barry Silbert's venture capital firm Digital Currency Group.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-CWGB	0.135	0.140	0.110	0.115	-0.020	-14.81	2,133,979
HSI-CWEY	0.165	0.180	0.140	0.145	-0.040	-21.62	1,958,843
HSI-CWGA	0.070	0.070	0.050	0.050	-0.020	-28.57	1,675,003
HSI-PWFZ	0.200	0.235	0.200	0.230	0.030	15.00	1,553,120
MYEG-C9B	0.080	0.080	0.075	0.075	-0.005	-6.25	821,751
PUC	0.025	0.030	0.020	0.020	-0.010	-33.33	759,108
MYEG-C7U	0.040	0.040	0.035	0.035	-0.015	-30.00	710,600
HSI-CWC6	0.065	0.075	0.040	0.050	-0.030	-37.50	556,663
TANCO	0.980	0.985	0.950	0.955	-0.025	-2.55	492,660
HSI-PWHC	0.185	0.215	0.175	0.205	0.025	13.89	437,679
MYEG	0.930	0.935	0.905	0.905	-0.025	-2.69	345,439
HSI-CWEZ	0.085	0.085	0.065	0.070	-0.020	-22.22	336,384
SNS	0.540	0.560	0.535	0.545	0.010	1.87	275,676
RHONEMA-WA	0.070	0.105	0.035	0.045	-0.045	-50.00	259,223
BORNOIL	0.010	0.010	0.005	0.010	0.000	0.00	249,514

Bankrupt crypto lender Genesis optimistic it can resolve creditor disputes

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Bankrupt crypto lender Genesis optimistic it can resolve creditor disputes

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