FTX estate sets next creditor payout date as Genesis Digital Assets fights $1 billion clawback suit

The financial estate of FTX, the collapsed cryptocurrency exchange, has announced the upcoming date for its next distribution of funds to creditors, while simultaneously, Genesis Digital Assets is engaged in a legal battle concerning a $1 billion clawback lawsuit. This lawsuit pertains to the recovery of funds that Genesis claims it is entitled to retain, as the intricacies of the ongoing bankruptcy proceedings continue to unfold. As creditors await their payments, the outcome of the clawback suit could have significant implications for both FTX's estate and Genesis Digital Assets' financial standing. source: https://www.coindesk.com/business/2026/01/14/ftx-estate-sets-next-creditor-payout-date-as-genesis-digital-assets-fights-usd1-billion-clawback-suit