FTX Trust Sues Genesis Digital for $1.15 Billion RecoveryThe FTX Recovery Trust filed a massive lawsuit against Bitcoin mining company Genesis Digital Assets Ltd. on September 22, 2025. FTX Trust argues these investments were fraudulent transfers made with customer funds that should have stayed in FTX accounts. FTX Trust also demands Genesis Digital Assets pay for attorney fees, interest charges, and other costs related to the lawsuit. The Path ForwardThe Genesis Digital lawsuit will likely take months or years to resolve through the court system. Bottom Line: Recovery Marathon ContinuesThe $1.15 billion Genesis Digital lawsuit represents another major step in FTX’s long journey to recover customer funds.