Genesis had reportedly been considering filing for | Sir MD on Binance Square

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Genesis had reportedly been considering filing for bankruptcy for some time, owing creditors a sum believed to be more than $3billion.

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Popular cryptocurrency broker Genesis has filed for bankruptcy, insiders said The filing made to U.S. bankruptcy court Thursday comes as the latest crypto casualty following the spectacular downfall of FTX, where the lender held funds

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The cryptocurrency lending industry is facing yet another setback as Genesis Global Capital plans to file for bankruptcy in the coming days.

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