coinpedia
2023-01-20 09:12:41

Genesis Faces a Staggering Debt Of $3.5 Billion – Here are the Top 50 Creditors

The post Genesis Faces a Staggering Debt Of $3.5 Billion – Here are the Top 50 Creditors appeared first on Coinpedia Fintech News The crypto market continues to recover from the collapse of FTX, but it has been hit with yet another setback as a leading crypto lending firm, Genesis Global Capital, has filed for bankruptcy protection. As one of the largest crypto lenders, Genesis had frozen customer redemptions on November 16, 2022, shortly after FTX filed for …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.