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Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert’s DCG - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: News and Current Affairs (https://forums.ipoh.com.my/forum-11.html) +--- Forum: International News (https://forums.ipoh.com.my/forum-13.html) +---- Forum: Business, Economy and Investment (https://forums.ipoh.com.my/forum-56.html) +---- Thread: Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert’s DCG (/thread-7374.html) |
Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert’s DCG - superadmin - 01-20-2023 Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert’s DCG empire
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Crypto lender Genesis filed for Chapter 11 bankruptcy protection late Thursday night in Manhattan federal court, the latest casualty in the industry contagion caused by the collapse of FTX and a crippling blow to a business once at the heart of Barry Silbert’s Digital Currency Group. The company listed over 100,000 creditors in a “mega” bankruptcy filing, with aggregate liabilities ranging from $1.2 billion to $11 billion dollars, according to bankruptcy documents. - More - |