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Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says

The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal with parent company DCG.

By Jack Schickler|Edited by Parikshit Mishra

Updated Nov 2, 2023, 8:44 a.m. Published Nov 2, 2023, 8:44 a.m.

A Genesis booth at the FTX conference in the Bahamas (Danny Nelson/CoinDesk)