Kristopher Johnson

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Genesis Global Capital LLC v. Gemini Trust Company LLC: Complaint (‘$689M Preferential Crypto Transfers’)

Complaint "to avoid and recover over half a billion dollars in preferential transfers that flowed to Defendants, at their demand, in the months immediately preceding Plaintiff’s commencement of Chapter 11 Proceedings" in Genesis Global Capital LLC, described as a Delaware company "that provides lending and borrowing services for digital assets and fiat currency primarily to and from institutional and high net worth individual customers" v. Gemini Trust Company LLC, individually and on behalf of Earn Users, described as a New York "trust company" that "operates a cryptocurrency platform that enables its users to buy, sell, and store cryptocurrencies", at the U.S. Bankruptcy Court for the Southern District of New York.