Crypto Brokerage Genesis Global Capital Could be Going Bankrupt
Posted on 01/19/2023
Genesis Global Capital is the institutional cryptocurrency brokerage whose lending unit halted customer withdrawals in the aftermath of FTX’s scandalous failure in November 2022. The demise of FTX caught many crypto trading giants by surprise. Genesis Global Trading’s derivatives business had US$ 175 million frozen in FTX after its fall from grace. Now, various media…