RE: Is Genesis The Next FTX?
0 Min Read
After watching Coffezilla, I think Genesis was already having trouble due to 3AC and UST. Their parent company also seems to have doubled down on GBTC and I think a lot of their funds are there. It's unlikely that Genesis even wants to sell it due to it being a sister company.
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Let's see what happens. It does not look good what happened so far.