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24h Vol: $86,507,527,046

Bitcoinist

2023-01-20 08:33:29

BREAKING NEWS: Crypto Lender Genesis Files For Chapter 11 Bankruptcy As Crisis Deepens

BREAKING NEWS: Crypto Lender Genesis Files For Chapter 11 Bankruptcy As Crisis Deepens

Genesis Global Holdco, the parent company of embattled cryptocurrency lender Genesis Global Capital, has filed for Chapter 11 bankruptcy protection, becoming the latest firm to cave in to pressure in the wake of FTX’s precipitous decline. Thursday, the company filed for bankruptcy protection in the Southern District of New York, according to court filings cited by

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