Crypto giant Genesis is ‘days away’ from bankruptcy after suffering steep losses in wake of FTX collapse: Firm owes creditors $3 BILLION – including $900M to Winklevoss twins

Popular cryptocurrency broker Genesis is expected to file for bankruptcy within days, insiders have revealed.

It would make the firm the latest crypto casualty following the spectacular downfall of Sam Bankman-Fried’s FTX, where the company held some of its funds.

According to people familiar with the matter, Genesis is currently in the final stage of its Chapter 11 paperwork as it works toward a deal with creditors. 

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