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ETH $1,684.75 +4.26%
BNB $607.65 +2.77%
XRP $1.18 +3.40%
SOL $67.51 +4.36%
TRX $0.3259 -0.28%
DOGE $0.0868 +3.73%
ADA $0.1717 +7.10%
BCH $209.73 -5.63%
LINK $8.02 +4.66%
HYPE $64.54 +10.50%
AAVE $64.28 +4.07%
SUI $0.7617 +3.39%
XLM $0.2012 -2.17%
ZEC $451.97 +9.88%

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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