Home Earn Bitcoin Genesis’ Crypto-Lending Unit Is Halting Buyer Withdrawals in Wake of FTX Collapse – CoinDesk

Genesis’ Crypto-Lending Unit Is Halting Buyer Withdrawals in Wake of FTX Collapse – CoinDesk

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“Right this moment Genesis World Capital, Genesis’s lending enterprise, made the troublesome choice to quickly droop redemptions and new mortgage originations. This choice was made in response to the intense market dislocation and lack of business confidence brought on by the FTX implosion,” stated Amanda Cowie, vice chairman of communications and advertising at DCG.

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