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Genesis, a Crypto Lending Firm, Files for Bankruptcy

Por: The New York Times Business January 20, 2023

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The cryptocurrency lender Genesis Global Holdco filed for bankruptcy late on Thursday, the latest crypto company to do so after the collapse of FTX, the exchange founded by A year ago, Genesis and a group of other large lending firms drew millions of customers with the promise that they could deposit their crypto holdings and earn sky-high returns. But Genesis’s bankruptcy filing makes it the fourth major crypto lender to fail since last... + full article



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