Genesis Reportedly Has 2 8 Billion In Outstanding Loans
As per the reports from
Genesis Reportedly Has $2.8 Billion in Outstanding Loans
The troubled brokerage Genesis Global has $2.8 billion in outstanding loans on its balance sheet, with about 30% of its lending made to related parties including its parent company, Barry Silbert’s Digital Currency Group, according to people familiar with the matter.
As per the reports from Bloomberg, Genesis’s balance sheet shows $2.8 billion in outstanding loans. Thirty percent of its lending is related to its parent company, Barry
Crypto brokerage Genesis Global Trading
Genesis Balance Sheet Reveals Web of Loans Across Silbert Empire
Genesis Global Sees $2.8B Loans, Sent to Digital Currency Group
Crypto brokerage Genesis Global Trading had $2.8 billion in active loans outstanding at the end of September, down 43% from $4.9 billion at the end of June, Genesis
Crypto Broker Genesis Says Outstanding Loans Sank 43% in Third
Sources: Genesis Global has $2.8B in outstanding loans, including
Genesis Has $2.8 Billion in Outstanding Loans, Parent
Troubled crypto lender Genesis Global
Genesis Balance Sheet Reveals $2.8 billion in
Troubled crypto lender Genesis Global has outstanding loans of $2.8 billion on its balance sheet, with around 30% of lending made to related parties, including parent company Digital
Genesis’ crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected
Genesis has $2.8 billion in outstanding loans on balance sheet