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Breaking Down ETF's Impact on Bitcoin Price with Cory Klippsten
The deal involves selling off the bankrupt entities of Genesis, specifically its lending arm and crypto trading business, as well as winding. Genesis sometimes offered unsecured loans to its clients, which used the borrowed money as a way to raise capital during the crypto bull market. Claimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of , while hiding its.

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calendar_month 06.08.2020

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Genesis had lent hundreds of millions of dollars to Alameda, according to the Wall Street Journal. Farcaster just might be the new Crypto Twitter. Those are the same practices that have already felled other crypto lenders like Celsius , which filed for Bankruptcy in July, and trading firms like Alameda Capital, the hedge fund attached to FTX that declared bankruptcy this month. Read more about.