The platform has become the latest crypto company to feel the reverberation of the FTX collapse.
Genesis Trading froze customer withdrawals in November 2022 following a liquidity crisis in the wake of the FTX scandal. The company is owned by venture capital firm Digital Currency Group (DCG).
This in turn led
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day