Today news
About the same in other media
Crypto lender Genesis stops withdrawals in wake of FTX failure
Reading now: 367
fnlondon.comCryptocurrency lender Genesis told clients that it is suspending redemptions and new loan originations following the collapse of crypto exchange FTX.
The swift demise of FTX, which filed for bankruptcy last week, created unprecedented turmoil for Genesis, causing the company’s lending arm to be unable to meet all withdrawal requests, the company told clients on a 16 November call. The company said it would deliver a plan next week for its lending business.
Derar...
Read more on fnlondon.comAbout this in other media
US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse cointelegraph.com /2 years ago
Crypto lender BlockFi files for bankruptcy protection in US moneycontrol.com /2 years ago
It’s time for crypto fans to stop supporting cults of personality cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
