Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t, according to a report by Bloomberg. Genesis was facing a liquidity crisis after FTX collapsed, which “created unprecedented market turmoil, resulting in abnormal withdrawal requests […]
Crypto firm Genesis says it has “no plans to file bankruptcy imminently” by Jacquelyn Melinek originally published on TechCrunch
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