• FTX just blackmailed Genesis into forgiving over 175m owed plus giving FTX an additional 175m claim against Genesis. The claim basically was that since FTX operated on fractional reserves and stole user assets, all the Genesis withdrawals should be reversed. https://restructuring.ra.kroll.com/genesis/Home-DownloadPDF?id1=MjQ2MTUwMg%3D%3D&id2=-1 9 comments 17/8/2023 btc

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