Bitcoin (BTC) $124,505.88 1.17%
Ethereum (ETH) $4,640.72 2.30%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 233.645947 1.72%
Dogecoin (DOGE) $0.26 2.61%
Cardano (ADA) $0.86 1.13%
Chainlink (LINK) $22.56 0.36%
Litecoin (LTC) $120.06 0.08%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 2.55196 -0.97%
Dash (DASH) $34.32 -1.80%
X-CASH (XCASH) 5.0E-6 0.79%

Cryptocurrencies: 27557

Markets: 112310

Market Cap: $4,261,453,651,268

24h Vol: $171,152,683,213

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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