Genesis has transferred $2.12 billion in BTC and $838 million in ETH as part of the bankruptcy restructuring. Genesis will repay $3 billion to creditors, which covers 77% of customer claims. Digital Currency Group will not receive a payout from Genesis' bankruptcy plan. In the last three days, Genesis Trading has moved about 32,256 BTC, which is worth around $2.12 billion.
The post first appeared on CoinJournal.