Genesis CEO tells clients the crypto brokerage needs more time to get its finances in order as Gemini's Cameron Winklevoss says the exchange is owed nearly $1 billion

Jan 4 2023 by Business Insider

 

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The interim CEO of Genesis told clients that its lending business needs more time to sort out its finances.  The firm's borrowing and lending business halted withdrawals in November, citing "unprecedented market turmoil." Gemini cofounder Cameron Winklevoss says Genesis and its parent company owe his crypto exchange and its customers $1 billion. 

The interim Chief Executive Officer of Genesis Trading told clients that its...

Continue Reading Genesis CEO tells clients the crypto brokerage needs more time to get its finances in order as Gemini's Cameron Winklevoss says the exchange is owed nearly $1 billion