Genesis’ $2.8B crypto lending unit halts withdrawals

Genesis’ $2.8B crypto lending unit halts withdrawals

Market Analysis
November 17, 2022 by secret
164
[ad_1] The crypto lending arm of Genesis Global Trading, which prices itself as the premier institutional digital asset financial services firm, has temporarily suspended the redemption and issuance of new loans. Genesis announced the developments through a tweet saying: “We recognize how challenging this past week has been due to the impact of the FTX