Genesis faced trouble long before the collapse of FTX and this week's bankruptcy filing, with a stream of exec departures and exposure to defunct Three Arrows

Genesis faced trouble long before the collapse of FTX and this week's bankruptcy filing, with a stream of exec departures and exposure to defunct Three Arrows

Upworthy

Published

Crypto lender Genesis filed for Chapter 11 bankruptcy on Thursday. Jakub Porzycki/Getty Image Crypto lender Genesis filed for Chapter 11 bankruptcy this week. The firm ran into trouble earlier this year when Three Arrows Capital couldn't pay back all of a $2.3 billion loan. Genesis insiders detail…

#chapter11 #arrowscapital #genesis #ftx #kyledavies #suzhu #chapter15 #luna #lido #davies

Full Article