❗️Financial Times - Genesis owes creditors more than $3 billion, and DCG is considering selling some of its venture capital assets to get cash. - original

#warning #bankruptcy #genesis

⁉️ What will be the reaction to the GENESIS bankruptcy?

- The Wall Street Journal turned on with the assumption: HERE
- And only TODAY it was officially announced that Genesis filed for bankruptcy under Chapter 11 (approximately at 7:00-7:20 Moscow time)

Question: 1) What should have been the reaction today? Genesis' bankruptcy was a matter of time, as was BlockFi. 2) The insider was still on JANUARY 6, which is discussed above. There was no reaction.

And the most funny thing: Genesis cracked almost immediately after FTX

GENESIS bankruptcy in market prices. The biggest consequences for GEMINI, whose "pennies" the market will devour in a DAY.

#opinion #genesis