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Genesis' lending arm temporarily halts redemptions and new loan originations

By Iain Gilbert

Date: Wednesday 16 Nov 2022

(Sharecast News) - The lending arm of cryptocurrency investment bank Genesis Global Trading has temporarily halted redemptions and suspended new loan originations following the collapse of Bahamas-based crypto exchange FTX.
Genesis Global Capital, which had $2.8bn in total active loans at the end of the third quarter, said it was exploring...

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