Genesis Crypto Lending Arm Halts Withdrawals; Panic Sets in

The ripple effect of FTX’s collapse is yet to simmer. Crypto investment bank Genesis appears to be the latest victim. Reports have emerged that Genesis’s lending unit, Genesis Global Capital, has halted withdrawals after it held a call on Wednesday with its customers, announcing its inability to meet withdrawal requests. Genesis Global Capital offered yields … Continue reading Genesis Crypto Lending Arm Halts Withdrawals; Panic Sets in