BREAKING: Genesis' $2.8 billion crypto lending unit halts withdrawals

The lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse, Interim CEO Derar Islim told customers on a call Wednesday.

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Y si tu modelo favorita no fuera de carne y hueso?
BREAKING: Gemini Earn customers unable to redeem funds as Genesis lending halts withdrawals

Gemini, one of the largest exchanges in the U.S., announced that it could not meet customer redemption requests for EARN products within 5 business days because partner Genesis Global Capital, LLC has suspended withdrawals.

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Sam Bankman-Fried: el gurú cripto multimillonario que perdió USD 14.600 millones https://fb.watch/gR80xLspXB/
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Fintwit is comparing FTX's collapse to the downfall of Lehman Brothers — but a former Treasury Secretary says it’s more like Enron. @scarletfu explains (via @quicktake) https://trib.al/SNbdh9w
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Democrats are on the biggest financial fraud cases of their existence. The political contributions from stolen user funds, from money laundered from Ukraine will be talked for decades.
#MoneyLaundering #ElectionFruad
#FTXScam #SBF_FTX #FTXUkraine

https://t.co/TXi8KTxmAP
Y también a las altas esferas políticas, la mierda se desborda!!!

https://twitter.com/PelosiTracker_/status/1593144488255713280?t=UwFJsJHEzDnwdvJivZHs4A&s=19
BREAKING: The FTX/Alameda bankruptcy documents reveals that FTX lent out $2.3 Billion dollars to SBF himself

Alameda was secretly exempted from FTX's auto-liquidation protocols.

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