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Last updated: June 17, 2025, 02:32  |  Written by: Emin Gün Sirer

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The Wall Street Journal Reported

Genesis Sought Emergency $1B Loan Before Trade Suspension

Crypto lender Genesis was seeking an emergency loan of $1 billion from investors before it told clients it was suspending redemptions this week, as the shockwaves

The Wall Street Journal reported today that Genesis attempted to gain access to a $1 billion credit facility by Monday, November 14, but ultimately failed to obtain

Genesis Sought $1B Loan Before Halting Redemptions - Crypto

Crypto Lender Genesis Seeking $1 Billion Emergency

Crypto lender Genesis had sought emergency loan of $1 billion

Cryptocurrency Lender Genesis Was Seeking

Cryptocurrency lender Genesis was seeking an emergency loan of $1 billion from investors before it suspended withdrawals on its website, the Wall Street Journal reported

Crypto Lender Genesis Seeks $1B Emergency Loan

Troubled Crypto Firm Genesis Sought $1 Billion

Genesis Sought a $1 Billion Emergency Loan Before

Genesis seeks $1B emergency funding

Emin Gün Sirer can be reached at [email protected].

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