Genesis Sought $1B Loan Before Halting Redemptions

Genesis Sought $1B Loan Before Halting Redemptions

Regulations
November 19, 2022 by secret
183
[ad_1] Key Takeaways Genesis reportedly sought a $1 billion emergency loan before it suspended withdrawals this week. The Wall Street Journal obtained an internal document to that effect and reported the news today. Genesis has denied the document’s relevance and stated that it is in positive discussions with investors. Share this article Early this week,