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ETH $1,690.84 +3.66%
BNB $608.84 +2.09%
XRP $1.18 +2.42%
SOL $67.47 +3.11%
TRX $0.3256 -0.34%
DOGE $0.0869 +2.51%
ADA $0.1709 +4.78%
BCH $208.68 -7.20%
LINK $8.05 +3.89%
HYPE $64.31 +8.45%
AAVE $64.61 +2.68%
SUI $0.7662 +2.19%
XLM $0.2010 -2.66%
ZEC $453.14 +7.32%

Twitter user reveals: Genesis owes creditors over $2 billion

2022-12-15 10:38:20
Collection

ChainCatcher news, Twitter user (@AP_ArchPublic) revealed that after communicating with some major creditors of Genesis, it was learned that Genesis owes creditors over $2 billion, and Genesis's bankruptcy triggered over $1.5 billion in redeemable loans from DCG. Furthermore, if DCG goes bankrupt, it will trigger a massive GBTC liquidation. (source link)

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