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Genesis, FTX Strike Deal for $175M Bankruptcy Claim

Though a sharp drop from the $4 billion originally claimed, lawyers hope it will let them get on with winding up estates.

Updated Aug 17, 2023, 6:15 p.m. Published Aug 17, 2023, 11:50 a.m.
John J Ray III took over as FTX CEO in November (House Committee on Financial Services)
John J Ray III took over as FTX CEO in November (House Committee on Financial Services)