Genesis Global Capital Owes Creditors $3.4 Billion in Bankruptcy Filing
The lending unit of crypto firm Genesis, Genesis Global Capital, has filed for bankruptcy protection in the United States, owing creditors at least $3.4 billion. The filing comes after the crypto lender froze customer redemptions on November 16th, following the collapse of major exchange FTX which sent shockwaves through the crypto sector. The bankruptcy filing …
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