Proposed settlement in Genesis bankruptcy case to be submitted to bankruptcy court for review

According to BlockBeats, on April 16, GeminiTrustCo posted on social media that Genesis submitted a revised proposed order yesterday to approve the global settlement between Gemini, Genesis and other creditors in the Genesis bankruptcy case. GeminiTrustCo said that this completed the application to the bankruptcy court for the settlement, which will be submitted to the bankruptcy court for consideration in an uncontested manner on April 16, 2024. Today's hearing will be held at 11 a.m. Eastern Time and presided over by Judge Lane.