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Genesis Attempting to Cover Shortfall Without Filing Bankruptcy

22 Nov 2022 2 minute read 9 comments kev_nag

According to a Bloomberg report, cryptocurrency lending company Genesis, suspended services in its lending arm on November 16, 2022 and spent the whole of last weekend in an unsuccessful attempt to raise funds. [See, e.g.Beyoud, L., Hajrik, V. and Sh...