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Genesis Global Bankruptcy Court Announces 7 Members Committee To Represent Creditors

Key Points: In the Genesis Global bankruptcy case, a committee of unsecured creditors was formed.
According to a February 3, filing, William Harrington, a spokesperson for the United States Trustee, appointed the committee.
A seven-member committee has been established to represent unsecured creditors in Genesis Global’s bankruptcy case in the United States. According to a February 3, filing, William Harrington, a spokesperson for the United States Trustee, appointed the committee. The United States Trustee, a Justice Department institution, represents the government in bankruptcy proceedings. It also assists in formalizing committees.
Teddy Andre Amadeo Gorisse is an individual creditor.
Digital Finance Group is an investment company.
Richard R. Weston is an individual creditor.
Mirana, an investment arm of crypto exchange Bybit.
Amelia Alvarez, an individual creditor.
Bitvavo custody, a crypto exchange.
Genesis Global is Genesis Trading’s lending division. It filed for Chapter 11 bankruptcy protection in America on January 20. The document listed the top 50 unsecured claims of the company, which totalled over $3.6 billion. The document listed the company’s top 50 unsecured claims, which totalled more than $3.6 billion. Mirana’s claim, which is worth $151 million, is the fifth largest on the top 50 unsecured lists. On November 16, the company froze withdrawals and new loan originations from its lending affiliate.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuThanaCoincu NewsTags: Digital Finance GroupFTXFTX CollapseGenesis GlobalGenesis Global CapitalGenesis Global TradingThree Arrows Capital