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3232Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
https://www.digit.info/report-genesis-global-tradings-lending-unit-suspends-withdrawals-and-new-loan-originations/
Wed, 16 Nov 2022 15:30:09 +0000https://www.digit.info/2022/11/16/report-genesis-global-tradings-lending-unit-suspends-withdrawals-and-new-loan-originations/Read more]]>Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody units were still operational. DCG-Owned Genesis Halts Lending Unit’s Redemptions and New Loans On Nov. 16, 2022, Coindesk reporter Nelson […]
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody units were still operational. DCG-Owned Genesis Halts Lending Unit’s Redemptions and New Loans On Nov. 16, 2022, Coindesk reporter Nelson […]