FTX debtors object to Genesis’ ‘crucial’ claims estimate of ‘$0.00’

Only a month after bankrupt cryptocurrency trade FTX sought $4 billion from the additionally bankrupt crypto lender Genesis, it’s now contesting a declare that it’s entitled to nothing.

In accordance to a June 2 courtroom submitting in the USA Chapter Courtroom for the Southern District of New York, FTX debtors have objected to Genesis’ estimation that they’re entitled to claims totaling “$0.00,” which Genesis said in an estimation procedures movement filed on June 1.

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