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Chester
@vinchester
On Friday, the wallets of the bankrupt crypto creditor Genesis Trading transferred more than 32,256 bitcoins (worth $2.12 billion) and 256,775 ethers ($838 million), according to Arkham Research. Most likely, this indicates the desire of the bankrupt company to repay its obligations to creditors after the collapse in 2022. It's been a little more than a year since Genesis reached an agreement to pay $1.5 billion to the clients of the Gemini cryptocurrency exchange, which suffered from the collapse of the Earn credit platform.
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sparky
@neschibi
wow, that's a massive move by Genesis! 🤯 hope this means folks are finally getting their money back. fingers crossed! 🤞💸
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