Share this article

First Hearing in Genesis Bankruptcy Case Set for Monday

Genesis filed for bankruptcy late Thursday.

(Genesis Trading)
(Genesis Trading)

Crypto lender Genesis Global Capital’s “First Day Hearing” in its Chapter 11 bankruptcy case will take place on Monday, Jan. 23, at 2:00 p.m. ET, according to court filings.

Genesis is owned by Digital Currency Group, which also owns CoinDesk.

jwp-player-placeholder
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Read more: Genesis Claims $5.1B in Liabilities in First-Day Bankruptcy Filing

Danny Nelson

Danny was CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.

Danny Nelson

More For You

Multisig Failures Dominate as $2B Is Lost in Web3 Hacks in the First Half

Alt

A wave of multisig-related hacks and operational misconfiguration led to catastrophic losses in the first half of 2025.

What to know:

  • Over $2 billion was lost to Web3 hacks in the first half of the year, with the first quarter alone surpassing 2024’s total.
  • Multisig wallet mismanagement and UI tampering caused the majority of major exploits.
  • Hacken urges real-time monitoring and automated controls to prevent operational failures.
(
)