- by foxnews
- 17 Nov 2024
Crypto lender Genesis files for Chapter 11 bankruptcy in US
Crypto lender Genesis files for Chapter 11 bankruptcy in US
- by theguardian
- 21 Jan 2023
- in technology
2.0 k views
The cryptocurrency lender Genesis has filed for Chapter 11 bankruptcy in the US, becoming the latest victim of the shakeout in the digital asset market after the collapse of the crypto exchange FTX.
Carol Alexander, a professor of finance at the University of Sussex, said the Chapter 11 move by Genesis had been priced in by crypto markets.
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