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CoinGape

2022-11-16 14:07:13

Just-In: Genesis Suspends Customer Withdrawals In Wake Of FTX Collapse

Just-In: Genesis Suspends Customer Withdrawals In Wake Of FTX Collapse

Following the collapse of FTX, the lending division of cryptocurrency investment bank Genesis Global Trading, has temporarily stopped redemptions and initiating any new loans as per the Interim CEO Derar Islim on Wednesday. New Developments in Genesis As per Derar, the withdrawal requests exceeded the current liquidity and therefore new advisors have been hired to The post Just-In: Genesis Suspends Customer Withdrawals In Wake Of FTX Collapse appeared first on CoinGape .

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