The troubled crypto lending and trading firm Genesis had sought an emergency loan of $1bn before closing redemptions for clients earlier this week.
Details about the emergency loan sought by Genesis were shared by the Wall Street Journal on Thursday, with the newspaper citing a confidential fundraising document as saying that Genesis needed the 1$bn loan by 10 AM last Monday….
Read More: Troubled Crypto Firm Genesis Sought $1 Billion Emergency Loan Before Suspending Withdrawals – This is What Happened
Details about the emergency loan sought by Genesis were shared by the Wall Street Journal on Thursday, with the newspaper citing a confidential fundraising document as saying that Genesis needed the 1$bn loan by 10 AM last Monday….
Read More: Troubled Crypto Firm Genesis Sought $1 Billion Emergency Loan Before Suspending Withdrawals – This is What Happened
