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The Daily Hodl
2023-01-23 17:45:59

Bankrupt Crypto Lender Genesis Owes Over $3,800,000,000 to Firm’s Largest 50 Creditors

Bankrupt Crypto Lender Genesis Owes Over $3,800,000,000 to Firm’s Largest 50 Creditors

New documents reveal that embattled crypto lender Genesis owes billions of dollars to its 50 largest creditors. In recent voluntary bankruptcy filings, the crypto firm divulges that it owes $3.8 billion to its largest creditors, which include hedge fund manager VanEck and the Stellar Development Foundation, the developers of XRP rival Stellar (XLM). Other prominent The post Bankrupt Crypto Lender Genesis Owes Over $3,800,000,000 to Firm’s Largest 50 Creditors appeared first on The Daily Hodl .

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