Bankrupt Genesis gets court nod for first day motions

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Genesis Global said Monday it received approval from the New York Southern Bankruptcy Court for all first day motions related to its Chapter 11 filing, which will allow it to continue serving its trading clients while undergoing restructuring.

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designer491 Genesis Global said Monday it received approval from the New York Southern Bankruptcy Court for all first day motions related to its Chapter 11 filing, which will allow it to continue serving its trading clients while undergoing restructuring. The cryptocurrency lender filed for bankruptcy last week after suffering major losses from its exposure to…

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