Claims Against Genesis Rise to $1.8B

Автор admin Опубликовано Дек 5, 2022

The debt volume of crypto broker Genesis Global Capital has recently reached $1.8 billion and will continue to grow with a high degree of probability, CoinDesk has reported.

Last December 3, the Financial Times reported the company has failed to repay US cryptocurrency exchange Gemini around $900 million as a partner in the exchange’s landing program Earn.

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Gemini has added that a group of unnamed lenders has a similar total amount of claims. Law firm Proskauer Rose may soon file lawsuits against Genesis from this group of organizations.

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The Wall Street Journal reported last month the platform had requested $1 billion in emergency funding, prior to the company’s suspension of operations following the collapse of FTX.

Источник: ru.ihodl.com

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