Bitcoin (BTC) $76,327.87 1.22%
Ethereum (ETH) $2,426.65 1.52%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 99.184225 2.86%
Chainlink (LINK) $11.11 2.94%
Cardano (ADA) $0.20 2.00%
Litecoin (LTC) $52.01 2.82%
Dash (DASH) $59.14 18.22%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.471471 16.50%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 -3.38%

Cryptocurrencies: 30040

Markets: 114311

Market Cap: $2,605,179,021,250

24h Vol: $88,530,750,206

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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