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
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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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