BlockFi, Genesis and Gemini are the latest crypto victims of FTX contagion.
The Wall Street Journal reports that crypto lender BlockFi is preparing for bankruptcy while today Genesis announced that it was halting redemptions on its lending product and would stop making new loans.
It is claimed that Genesis’ trading and custody businesses remain unaffected….
Read More: FTX Latest – Crypto Prices Slip as Contagion Hits BlockFi, Genesis and Gemini, Hacker ID Known, Auditors and VCs Fail, Class Action Lawsuit Filed
The Wall Street Journal reports that crypto lender BlockFi is preparing for bankruptcy while today Genesis announced that it was halting redemptions on its lending product and would stop making new loans.
It is claimed that Genesis’ trading and custody businesses remain unaffected….
Read More: FTX Latest – Crypto Prices Slip as Contagion Hits BlockFi, Genesis and Gemini, Hacker ID Known, Auditors and VCs Fail, Class Action Lawsuit Filed
