Bankrupt crypto lender Genesis has

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

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

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

The report claims a division

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

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

3AC liquidators seek time, access to headquarters as Genesis

Earlier reports have stated that

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.

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

According to The Street

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

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

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

On Wednesday

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

Crypto lender Genesis lent $2.36 billion to Three Arrows Capital

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

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

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

Genesis previously loaned $2.36B to Three Arrows Capital