Genesis creditors sweating as FTX chases $4B in loans and collateral
FTX wants to claw back $2B given to GGC by SBF's Alameda Research and more than $1.62B that was withdrawn from FTX before it went bust.
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FTX wants to claw back $2B given to GGC by SBF's Alameda Research and more than $1.62B that was withdrawn from FTX before it went bust.
Read more (2 min) →One creditor who pulled his funds from Genesis says he was lured back by emails from salespeople and incorrect monthly balance sheets.
Bitvavo is due up to $300 million after Bahamas-based FTX collapsed, leaving Genesis Trading and Digital Currency Group owing $1.8 billion.