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Cryptopolitan

2023-01-20 10:50:57

Genesis in hot water as it owes over $3.5 Billion to its top 50 creditors

Genesis in hot water as it owes over $3.5 Billion to its top 50 creditors

Genesis has accrued a staggering $3.5 billion debt that it owes to its top 50 creditors, as revealed in its Chapter 11 bankruptcy filing. According to the filing, Genesis’s biggest debt is $765.9 million owed to Gemini Earn users. Although Cameron Winklevoss of Gemini estimated that in January Genesis was indebted to over 340,000 Gemini … Genesis in hot water as it owes over $3.5 Billion to its top 50 creditors Read More »

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