FTX eyes $3.9 billion clawback from Genesis as major media outlets demand creditors be made public

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FTX eyes $3.9 billion clawback from Genesis as major media outlets demand creditors be made public
France Dernières Nouvelles,France Actualités
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FTX eyes $3.9 billion clawback from Genesis as major media outlets demand creditors be made public Cryptocurrencies

FTX lawyers are targeting $1.8 billion in loans and $273 million in pledged collateral which they claim were FTX customer funds transferred to Genesis from Alameda Research.

FTX lawyers are claiming that $3.9 billion of that $8 billion constitute “avoidable transfers” under the law. FTX creditors were themselves the subject of another May 3 court filing, this one submitted by four of the most prominent media companies in the world, which seeks to lift the redaction order covering the list of erstwhile FTX customers, now current FTX creditors.

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