Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options: New York Times

There haven't been any final decisions made and it is still possible for the company to avoid a bankruptcy filing, the report said.

Genesis had spent much of November scrambling to raise fresh capital or reach a deal with creditors thanks to its exposure to collapsed crypto exchange FTX. The company's institutional lending unit last week was

Aoyon_A MuuInuOfficial Has Buy Tax Permanently Zero To Allow Usability Of MUUCHAIN; It's Fast Becoming The Popular Topic In The Space With Integration Of MUUINU Into Innovative Projects & Providing Strengthening Partnerships MORE INFO:

Aoyon_A …busy times for restructuring advisors

Aoyon_A I am surprise to see that coindesk take New York Times as source. We expect coinbase share true report as parent company is same.. Grayscale Genesis Bitcoin

Aoyon_A If they file for bankruptcy that would be the catalyst we need for new low. Either way I DCA.

Aoyon_A Bye bye cryptomarket

Aoyon_A It sounds like a bankruptcy is all but guaranteed at this point.

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Bernstein: Grayscale Bitcoin Trust Is Protected From Fallout at Sibling Company Genesis Global.BernsteinBuzz says if GenesisTrading has to file for bankruptcy, creditors have no claim on the assets of Grayscale's GBTC as it is ring-fenced from failures within parent company DCGco or DCG group entities. BernsteinGautam By willcanny99 BernsteinBuzz GenesisTrading Grayscale DCGco BernsteinGautam willcanny99 Hate to say it but GBTC is probably the biggest scam of all time. Apparently holders of the share can’t redeem it for BTC. Good luck selling at a discount. BernsteinBuzz GenesisTrading Grayscale DCGco BernsteinGautam willcanny99 New Ponzi management , crypto not true but you all human error making cash BernsteinBuzz GenesisTrading Grayscale DCGco BernsteinGautam willcanny99 MTVDS1
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