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Gemini's $800M Claim On Genesis Isn't Secured, Judge Says

By Alex Wittenberg (February 8, 2024, 7:26 PM EST) -- A New York bankruptcy judge rejected cryptocurrency exchange Gemini's argument that it has a secured claim on more than $800 million in Genesis Global Capital assets, ruling that because Genesis never transferred the assets, they cannot count as collateral pledged by the debtor....

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