Cryptocurrencies: 28610
Markets: 116275
Market Cap: $2,428,174,530,126     
24h Vol: $55,400,556,666
Coin Edition 2023-01-06 11:32:00

FTX Tremor Continues: Genesis Considers Filling for Bankruptcy

Genesis Trading, the beleaguered crypto lending arm of Barry Silbert’s Digital Currency Group (DCG), recently reduced its workforce by 30% as it faces mounting pressure from creditors and the threat of Chapter 11 bankruptcy. The firm reportedly suffered steep losses on loans it provided to now-bankrupt companies, including Alameda Research and 3AC. Moreover, DGC also The post FTX Tremor Continues: Genesis Considers Filling for Bankruptcy appeared first on Coin Edition .
esptco-banner img

Videos
  • How to Buy LTC with Coinbase?

  • What is Bitcoin Mining? Step By Step Process!

  • Bitcoin Halving Explained: Why It Is So Important?

  • Solana Coin (SOL): Everything You Need to Know

Our Partners