Crypto firm Genesis says it has “no plans to file bankruptcy imminently”

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Crypto firm Genesis says it has “no plans to file bankruptcy imminently”

Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t, according to a report by Bloomberg. Genesis was facing a liquidity crisis after FTX collapsed, which “created unprecedented market turmoil, resulting in abnormal withdrawal requests […]

Crypto firm Genesis says it has “no plans to file bankruptcy imminently” by Jacquelyn Melinek originally published on TechCrunch

Crypto firm Genesis says it has “no plans to file bankruptcy imminently”

2022-11-22 08:03

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