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Coin Edition
2023-01-20 08:17:14

Genesis Files Chapter 11 Bankruptcy as Winklevoss Threatens Legal Action

Genesis Files Chapter 11 Bankruptcy as Winklevoss Threatens Legal Action

Late Thursday night, the cryptocurrency lending firm Genesis filed for Chapter 11 bankruptcy in Manhattan federal court, becoming the latest victim of the industry contagion triggered by the collapse of FTX. According to the bankruptcy filings, the corporation has between $1.2 to $11 billion in total liabilities and has identified over 100,000 creditors in a The post Genesis Files Chapter 11 Bankruptcy as Winklevoss Threatens Legal Action appeared first on Coin Edition .

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