Home Gadgets Genesis Joins the Crypto Lender Graveyard With Chapter 11 Bankruptcy Filing

Genesis Joins the Crypto Lender Graveyard With Chapter 11 Bankruptcy Filing

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389bbc5a9f11bdf6a3bb925dd1955486
389bbc5a9f11bdf6a3bb925dd1955486

Genesis, one of the largest crypto lending firms in the space finally filed for Chapter 11 bankruptcy on Friday. Though Genesis managed to cling on to life for months longer than some of its largest competitors, recent market shake-ups and festering fallout from FTX’s collapse flung it over the edge. Now, the firm…

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Source: gizmodo.com