Creditors of Troubled Crypto Brokerage Genesis Seek Options to Avoid Bankruptcy

Creditors of the troubled crypto broker and lending firm Genesis Global are working with restructuring lawyers to draft a plan to could allow the firm to avoid bankruptcy. According to a Bloomberg report from Tuesday, the various creditor groups have hired restructuring experts, including from law firms Proskauer Rose and Kirkland & Ellis, to explore options for the company that would keep it out of bankruptcy....