FTX FALLOUT HITS CRYPTO LENDER GENESIS

FTX FALLOUT HITS CRYPTO LENDER GENESIS

Major crypto player Genesis Global Capital suspended customer redemptions in its lending business on Wednesday, citing the sudden failure of crypto exchange FTX, while court papers showed FTX founder Sam Bankman-Fried faces legal action. FTX filed for bankruptcy...
FTX FALLOUT HITS CRYPTO LENDER GENESIS

GAME OVER FOR SAM BANKMAN-FRIED AS FTX GOES BUST

Crypto exchange FTX is to start US bankruptcy proceedings and CEO Sam Bankman-Fried is to step down, after a liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world. The distressed cryptocurrency trading...