Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse

Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse


“Today Genesis Global Capital, Genesis’s lending business, made the difficult decision to temporarily suspend redemptions and new loan originations. This decision was made in response to the extreme market dislocation and loss of industry confidence caused by the FTX implosion,” said Amanda Cowie, vice president of communications and marketing at DCG.

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