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Genesis Lawyer Has 'Some Measure of Confidence' in Creditor Resolution This Week

From decrypt.co

Sean O’Neal, a lawyer representing the bankrupt crypto broker Genesis, said there’s "some measure of confidence" the firm would resolve its disputes with creditors this week, per a Reuters report. "Sitting here right now, I don't think we're going to need a mediator," O'Neal reportedly told the Manhattan court during a preliminary hearing Monday. "I'm very much an optimist." According to O'Neal, Genesis and the firm’s creditors "are getting closer" to an agreement. After the freeze of withdrawals in November and weeks of speculation about the firm’s imminent bankruptcy, Genesis, a subsidiary of the Barry ... (full story)

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