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Crypto exchange Genesis Global files for bankruptcy

Photo: Getty Images

Carmen Cracknell

1 min read
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Genesis Global Holdco LLC filed for Chapter 11 bankruptcy protection in New York federal court on Thursday night.

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

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