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Bitcoinist

2023-01-06 09:15:31

Crypto Lender Genesis Reduces Staff As It Ponders On Bankruptcy Filing

Crypto Lender Genesis Reduces Staff As It Ponders On Bankruptcy Filing

A lot of ups and downs going on in the crypto industry have pushed some, if not most, companies to the edge of insolvency. Following its request for emergency bailout funding, popular crypto lender Genesis has slashed its staff members and is now considering a chapter 11 bankruptcy filing. This is not the first time

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