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Crypto lender Genesis has filed for bankruptcy

Crypto lender Genesis has filed for bankruptcy

This did seem to be inevitable.

Reporting comes via CNBC:

  • Genesis Trading filed for bankruptcy protection after suffering crippling losses from the collapses of FTX and hedge fund Three Arrows Capital.
  • The filing follows months of speculation over whether Genesis would enter bankruptcy protection, and just days after the Securities and Exchange Commission filed suit against Genesis and its onetime partner, Gemini, over the unregistered offering and sale of securities... Read More
Posted: Jan 20 2023, 04:53
Author Name: forexlive
Views: 102133

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