Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
The settlement is still pending finalization and approval from the Bankruptcy Court.
Oluwapelumi Adejumo 2 min read 
FTX has been actively divesting various assets as part of its bankruptcy process.
The sale is expected to add over $1 billion to assets earmarked for repaying creditors.
Tyr Capital was accused of of failing to adhere to its risk mitigation measures in the wake of the FTX collapse.
Worldcoin's WLD token rose by more than 190% during the past week.
The sale is poised to inject substantial liquidity into Genesis, which has been navigating through financial complexities.
Observers have questioned the potential connections between the transactions and SafeMoon's ongoing bankruptcy proceedings.
DCG, the parent company of the bankrupt lender, contended that Genesis's motives for selling the assets lacked merit.
Earlier reports suggested that the case was close to a conclusion.
