Crypto Liquidation | Coinbackyard

Crypto Market Crash: $800 Million Liquidated, Bitcoin Falls 10%

The crypto market took a major hit during early Asian trading hours. According to CoinGecko, the total market cap has plunged by 12.5%, now sitting at about $1.97 trillion. This is the first time since mid-February that the market cap […]

Genesis to return $3 billion to customers under court-approved bankruptcy liquidation plan.

Genesis Set to Return $3 Billion in Customer Assets with Finalized Bankruptcy Liquidation Plan

May 20, 2024 • Cryptocurrency • Leave a Comment

Genesis will return $3 billion in customer assets under a court-approved liquidation plan. This represents 77% of the value of customer claims. Bankruptcy claims initially traded at 35% of account balance value on claim trading marketplace Xclaim. When Genesis filed

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