Mediation Period for Bankrupt Crypto Firm Genesis Nearing End, Deal Uncertain

By CryptoNews - 10 months ago - Reading Time: 1 minutes

Mediation Period for Bankrupt Crypto Firm Genesis Nearing End, Deal Uncertain

Mediation between bankrupt cryptocurrency lender Genesis Global Holdco and creditors is set to conclude by August 16, but a deal is yet not certain. 
Speaking during a hearing before US Bankruptcy Judge Sean Lane, company lawyer Sean O'Neal said the mediation period would not be extended if the company does not make significant progress towards a deal within the next two weeks....
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Original source: CryptoNews