Judge orders Genesis to respond in five days to subpoena in Terraform case

A New York district judge ordered crypto lender Genesis to comply with a subpoena in a case involving the collapse of TerraUSD.

A New York district judge ordered crypto lender Genesis to comply with a subpoena after he said the firm failed to share certain documents in a case involving the dramatic collapse of algorithmic stablecoin TerraUSD.

"The Court grants the Defendants' motion to enforce the Subpoenas and orders the Genesis Entities to produce, within five days of this Order being served on the Genesis Entities, all documents that are responsive to the Subpoenas," the order stated.Certain Genesis entities filed for bankruptcy protection in January after taking a financial hit following the collapses of the crypto hedge fund Three Arrows Capital and crypto exchange FTX.

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