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

May 17, 2024 at 07:46 pm EDT

NEW YORK, May 17 (Reuters) - Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy. (Reporting by Dietrich Knauth; Editing by Sandra Maler)

© Reuters - 2024

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