HomeNewsBusinessCryptocurrencyCrypto lender Genesis to return $3 billion to customers in bankruptcy wind-down
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Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down

Genesis is paying customers back in crypto where possible, but it does not have enough cryptocurrency to give back everything it owes.

Reuters
May 18, 2024 / 07:12 IST
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Genesis estimated in February that it would be able to pay its customers up to 77% of the value of their claims, depending on future price fluctuations.
Genesis estimated in February that it would be able to pay its customers up to 77% of the value of their claims, depending on future price fluctuations.
Reuters
first published: May 18, 2024 07:12 am

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