Per Bloomberg:
Genesis, a digital asset brokerage, has been unable to raise cash over the last week and may file for bankruptcy.
Genesis has faced a liquidity issue post FTX, and is looking for 1 billion in capital. Binance had been tapped, but did not comment and did not provide funding.
Genesis warns of bankruptcy without new funding
11/21/2022
AD_SHOULD_BE_HERE
“We have no plans to file bankruptcy imminently,” a representative for Genesis said in an emailed statement. “Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors.”
DOJ and FBI have concluded that Jeffery Epstein had no "client list," and committed suicide
7/7/2025 1:31 AMTariffs return to April rates on August 1 without deals, Bessent said
7/7/2025 12:47 AMUS Treasury Secretary Bessent has said: 100 smaller countries will get set tariff rate, many never even contacted us
7/7/2025 12:45 AMThe US is to impose 10% tariffs on around 100 countries, including those in trade negotiations
7/7/2025 12:35 AM
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