May 4 (Cointime) - Bankrupyt cryptocurrency exchange FTX is attempting to reclaim $3.9 billion from also bankrupted Genesis, according to Twitter user @AFTXcreditor.

As per the tweet, lawyers representing FTX filed a court document on May 3 in a New York Bankruptcy Court, requesting $1.8 billion in loans and a $273 million collateral pledge that they claim Genesis received from Alameda Research, FTX's sister trading firm. FTX is also attempting to recover $1.6 billion in withdrawals that were allegedly made by Genesis and an additional $213 million that was purportedly withdrawn by GGC International, its BV-based entity, from the exchange before it went into Chapter 11 bankruptcy on November 11, 2022.

In addition, the filing claims that Genesis has already been "largely repaid" for the roughly $8 billion in loans that it provided to Alameda, which sets it apart from other FTX creditors and customers.