Bitcoin (BTC) $76,947.13 -0.65%
Ethereum (ETH) $2,128.31 0.01%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 85.295885 0.15%
Cardano (ADA) $0.25 -0.21%
Chainlink (LINK) $9.59 0.41%
Litecoin (LTC) $54.31 -0.47%
Dash (DASH) $42.71 4.70%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.829846 2.99%
X-Cash (XCASH) 7.0E-6 -0.84%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 28960

Markets: 114121

Market Cap: $2,564,144,441,946

24h Vol: $100,230,063,648

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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