Genesis Global Capital Wants $689 Million From Gemini Trust, Takes Them to Court
The claim alleges that Gemini's preferential transfers of funds from Genesis unfairly disadvantaged other creditors, prompting a plea to the court for rectification.

The claim alleges that Gemini's preferential transfers of funds from Genesis unfairly disadvantaged other creditors, prompting a plea to the court for rectification.
Crypto trading firm Genesis is reportedly under the lens of regulators in the state of Alabama and other U.S. states.
Separately, the CEO of Genesis' parent company disclosed that it had a roughly $575 million liability to Genesis.
This comes after the collapse of hedge fund Three Arrows Capital and crypto exchange FTX.
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