
The lending arm of crypto institutional brokerage Genesis and its associated debtors petitioned the court for a mediator on Monday, complicating a bankruptcy case that seemed to be well on its way to resolution two months earlier.
In the motion, lawyers for Genesis said that a mediator was needed to resolve "one of the most important issues in these Chapter 11 proceedings: the amount, form, timing and other terms and conditions of DCG’s contribution to the Debtors’ reorganization plan."