Genesis Warns Investors of Possible Bankruptcy Without Fresh Funding After FTX Collapse: Report

Genesis Warns Investors of Possible Bankruptcy Without Fresh Funding After FTX Collapse: Report

Digital asset brokerage Genesis is struggling to raise fresh cash for its lending unit, and the firm has warned potential investors that it may need to file for bankruptcy if its efforts end up to no heed, according to a Bloomberg News report. The firm has faced a liquidity crunch…