The $2 billion dispute between Genesis and FTX may delay the creditor payment plan

ChainCatcher News, U.S. Bankruptcy Judge Sean Lane in Manhattan stated during a hearing on the bankruptcy case of cryptocurrency lending firm Genesis that the $2 billion dispute between Genesis Global and FTX Trading could delay the court's consideration of Genesis's creditor payout plan. Judge Lane ordered Genesis to exchange information regarding the dispute with FTX, and he may schedule an "evaluation" hearing to rule on FTX's claims at Genesis's request. Currently, he has not made a final ruling on whether FTX can sue Genesis. (Source link)