#GENESS TRADING
Binance Bitcoin-Torge will not invest in Genesis Trading against the background of searching for an emergency funding platform in the amount of $ 1 billion. This is reported by The Wall Street Journal.
Media: Genesis Trading requested emergency funding of $ 1 billion
The Genesis Trading OTC platform requested access to a credit line of $ 1 billion by the morning of November 14, referring to a lack of liquidity. About this with reference to informed sources writes The Wall Street Journal.
B2C2 intends to buy a loan portfolio Genesis Tradition
Cryptocurrency Platform B2C2 plans to buy a loan portfolio worth about $ 2.8 billion from a competitor of Genesis Trading, experiencing financial difficulties.
Genesis Trading stopped cryptolending operations
Cryptocurrency Platform Genesis Trading froze the withdrawal of funds and the issuance of new loans. This happened against the backdrop of “increased requests” from customers after FTX collapse.
Galaxy Digital and Genesis top managers will launch a crypto fund for $ 500 million
Group of leaders from Galaxy Digital, Genesis and Convex Trading applied to the SEC for registration DBA Crypto Fund I LP in the amount of $ 500 million.
Michael Moro left the post of CEO Genesis Trading
The head of Genesis Trading Ayoken attracts , Michael Moro, left the company after seven years of work, including six-as a CEO of a cryptocurrency OTC platform.
Genesis Trading confirmed the elimination of Three Arrows Capital
The head of CEO Genesis Trading, Michael Moro admitted that in June, the cryptocurrency OTC platform eliminated the position of the Hedge Fund Three Arrows Capital (3ac).
The head of the OTC platform Genesis Trading announced the elimination of the position of the “large counterparty”
Michael Moro, CEO of the CRIP PLA of the Genesis Trading OTC platform, announced the elimination of the position of the “large counterparty”. He did not say the name of the company, but users suggested that it is a hedge fund Three Arrows Capital (3ac).
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