A pair of public pension funds in Virginia have exposure to the collapse of crypto lender Genesis

A pair of public pension funds in Virginia have exposure to the collapse of crypto lender Genesis

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Crypto lender Genesis filed for Chapter 11 bankruptcy on Thursday. Jakub Porzycki/Getty Image Genesis owes its top 50 creditors around $3.5 billion, with at least one creditor tied to a $6.8 billion Virginia pension system. Two pension funds in Fairfax County, Virginia, invested $35 million in a…

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