Bankrupt Crypto Firm Genesis Says Mediation to End Soon Regardless of Deal Status

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Bankrupt crypto lender Genesis has extended its mediation with creditors for the last time, a company lawyer said during a hearing Wednesday

has extended its mediation with creditors for the last time, a company lawyer said during a hearing Wednesday.

“If we do not make substantial progress with respect to a deal in principle in the next two weeks, we do not believe that we will be seeking to extend the mediation further,” company lawyer

 

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