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CoinGape 2022-11-30 07:39:00

Genesis Bankruptcy: Crypto Brokerage Could Be Next After BlockFi

Troubled crypto brokerage firm Genesis Global Trading’s creditors have hired restructuring lawyers to prevent the firm from filing for bankruptcy. Genesis currently seeks $500 million in emergency funding from investors and crypto firms after facing trouble raising $1 billion in funds. BlockFi filing bankruptcy has worsened sentiments in the crypto market. Genesis Creditors Put Efforts The post Genesis Bankruptcy: Crypto Brokerage Could Be Next After BlockFi appeared first on CoinGape .

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