The lending businesses of
លោកុប្បត្តិ
have filed for bankruptcy, making the institutional digital asset powerhouse the latest casualty in a yearlong crash in cryptocurrencies.
Genesis Holdco and two subsidiaries—distressed lender Genesis Global Capital and an Asia-Pacific arm—filed for Chapter 11 bankruptcy protection in the Southern District of New York, the group said Friday. Genesis Holdco owes its top 50 creditors about $3.4 billion, នេះបើយោងតាមឯកសារក្ស័យធន, including $53 million to a VanEck fund for accredited investors. VanEck is one of the few mainstream fund companies to have made a push into digital assets.
Source: https://www.barrons.com/articles/genesis-bankruptcy-crypto-bitcoin-51674206942?siteid=yhoof2&yptr=yahoo