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Bitcoin Drops After Genesis Suspends Withdrawals Amid FTX Fallout

Por: MarketWatch Business November 17, 2022

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Genesis it was facing “abnormal withdrawal requests, which have exceeded our current liquidity,” causing it to suspend redemptions and new loan originations in its lending business. It told Barron’s it was working to shore up its liquidity and that its spot and derivatives trading and custody businesses remained fully operational.  Gemini, the crypto exchange founded by the Winklevoss twins that has a partnership with Genesis, noted the... + full article



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