The lending unit of crypto firm Genesis filed on Thursday for US bankruptcy protection from creditors, toppled by a market rout.
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The lending unit of crypto firm Genesis filed on Thursday for US bankruptcy protection from creditors, toppled by a market rout.
Cryptocurrency broker Genesis and its parent DCG owe customers of crypto exchange Gemini $900-million, the FT reported.
Crypto brokerage Genesis has warned of the risk of bankruptcy amid contagion from the rapid demise of FTX.