Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse The unit known as Genesis Global Capital

Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.

[link to markets.businessinsider.com (secure)]