Genesis Global Capital suspends withdrawal after FTX Crash

FTX collapse taking toll on Genesis

About Genesis

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How does it work?

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What happend?

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Total Active Loans

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BlockFi is Bankrupt

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FTX Ukraine Scandal

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We're on You Tube

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FTX collapse taking toll on Genesis

FTX collapse taking toll on Genesis

About Genesis

About Genesis

Genesis Global Capital is the lending arm of crypto investment bank Genesis global trading. Celsius & BlockFi are its top rivals.

How does it work?

How does it work?

Like Celsius, Genesis Global offers loans to customers with crypto as collateral.

What happend?

What happend?

FTX collapse resulted surge in withdrawals. Therefore Genesis temporarily halted its withdrawal services to protect liquidity of the platform.

Total Active Loans

Total Active Loans

Genesis has $2.8 billion in total active loans by the end of third quarter. The company claims to be good with liquidity.

BlockFi is Bankrupt

BlockFi is Bankrupt

Checkout Genesis Global top rival BlockFi filing for bankruptcy.

FTX Ukraine Scandal

FTX Ukraine Scandal

Checkout what's going on with FTX Ukraine money laundering scandal.

Also Read:

Also Read:

1..Play & Earn BUSD

1..Play & Earn BUSD

2..FTX defrauded users

2..FTX defrauded users

3..FTX celebrity lawsuit

3..FTX celebrity lawsuit

We're on You Tube

Find the best Crypto content only on Katoch Tubes