Tuesday 29 November 2022

Genesis Crypto Brokerage Working to Avoid Bankruptcy Filing, Resolve Lending Business Issues

Genesis, the US crypto brokerage said on Tuesday that it was working to resolve the "current situation in the lending business" without the need for bankruptcy filing, after a report that the firm's creditors were organising with restructuring lawyers in an attempt to stop the brokerage from meeting the same fate as FTX, the crypto exchange that collapsed earlier this...

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