Bitcoin (BTC) $65,278.50 -2.97%
Ethereum (ETH) $1,927.28 -2.08%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 82.807388 -2.05%
Cardano (ADA) $0.27 -3.29%
Chainlink (LINK) $8.61 -2.92%
Litecoin (LTC) $53.07 -2.81%
Dash (DASH) $31.67 -4.27%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.262987 -3.72%
X-CASH (XCASH) 9.0E-6 -1.10%
Dogecoin (DOGE) $0.00 -2.87%

Cryptocurrencies: 28549

Markets: 116648

Market Cap: $2,256,753,230,831

24h Vol: $98,845,203,916

CoinGape

2022-11-30 07:39:00

Genesis Bankruptcy: Crypto Brokerage Could Be Next After BlockFi

Genesis Bankruptcy: Crypto Brokerage Could Be Next After BlockFi

Troubled crypto brokerage firm Genesis Global Trading’s creditors have hired restructuring lawyers to prevent the firm from filing for bankruptcy. Genesis currently seeks $500 million in emergency funding from investors and crypto firms after facing trouble raising $1 billion in funds. BlockFi filing bankruptcy has worsened sentiments in the crypto market. Genesis Creditors Put Efforts The post Genesis Bankruptcy: Crypto Brokerage Could Be Next After BlockFi appeared first on CoinGape .

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