SOURCE SPACES

On Wednesday

On Wednesday (August 17), full-service digital currency prime broker Genesis, a wholly-owned subsidiary of Digital Currency Group (DCG), announced that CEO Michael Moro is “stepping

Three Arrows Capital (3AC), a cryptocurrency hedge firm that just filed for Chapter 15 bankruptcy in New York, received a $2.36 billion loan from Genesis. It required a

The report claims a division owned by the firm, Genesis Asia Pacific, granted an undercollateralized loan to 3AC. In June 2025, Genesis began a legal process to compel the

Bankrupt Crypto Lender Genesis Has

How Crypto Hedge Fund 3AC Borrowed $2.3B From Genesis

One of the creditors, Genesis Asia Pacific, is now revealed to have lent the crypto firm around US$2.36 billion, making it one of the claimants of the firm’s US$2.8 billion

Bankrupt crypto lender Genesis has agreed to settle $1 billion in claims by defunct crypto hedge fund Three Arrows Capital (3AC) with a payment of $33 million, court

Court Documents Highlighted The

Genesis Lends $2.36 Billion To 3AC, Which Filed Chapter 15

Bankrupt Firm 3AC Owes Creditors $3.5B, Including $2.36B to

Court documents highlighted the 27 companies that Three Arrows Capital owed money to. The highest amount lent by any of them came from Genesis at $2.36 billion.

Genesis Revealed With US$2.36 Billion Exposure To 3AC As Firm

Crypto lender Genesis lent $2.36 billion to Three Arrows Capital

Genesis previously loaned $2.36B to Three Arrows Capital

Earlier Reports Have Stated That

Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

3AC liquidators seek time, access to headquarters as Genesis

Earlier reports have stated that Genesis faced a potential nine-figure loss from its exposure to 3AC, but the exact size of the debt has not been reported until now.

Previously

Previously, documents show that 3AC owes Genesis a loan debt of $2.36 billion. Additionally, they demonstrate how inadequately collateralized the debt is and how

According to The Street, 3AC’s biggest creditor, trader Genesis Asia Pacific, a subsidiary of Digital Currency Group, loaned 3AC $2.36 billion. Crypto lender Genesis gave

Genesis Lends $2.36 Billion to 3AC, Loses Money, CEO Michael