Share this article
BTC
$97,652.13
+
0.79%ETH
$1,848.87
-
0.04%USDT
$1.0003
-
0.01%XRP
$2.2407
-
0.17%BNB
$600.45
-
0.72%SOL
$151.35
-
1.15%USDC
$1.0000
-
0.01%DOGE
$0.1823
+
0.41%ADA
$0.7142
+
1.11%TRX
$0.2464
-
0.87%SUI
$3.4823
-
6.91%LINK
$14.84
-
0.66%AVAX
$21.57
+
0.79%XLM
$0.2792
-
0.03%LEO
$8.8984
-
0.79%SHIB
$0.0₄1361
-
0.10%HBAR
$0.1883
-
0.78%TON
$3.1904
-
0.55%BCH
$382.61
+
2.80%HYPE
$20.93
+
2.46%00:05:07:47
00
DAY
05
HOUR
07
MIN
47
SEC
Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.
By Nelson Wang
Updated May 9, 2023, 4:02 a.m. Published Nov 16, 2022, 1:00 p.m.

Create a free account to continue reading.
You've reached your monthly limit.
Already have an account? Sign in