Genesis Global Capital, lender of the Genesis Trading platform, like many companies in the crypto world has been affected by the aftermath of the FTX bankruptcy and is now under investigation.
Being a victim of contagion for regulators can also mean involvement in the affair and that is how many states are filing investigations against some companies, especially Genesis after the FTX bankruptcy.
In order to provide better service to its investors but most likely to protect itself from a possible wave of withdrawals, Digital Currency Group, the company that heads Genesis stated that the platform for a while had decided to suspend withdrawals and loans to users (just as a precaution).
According to state regulators Genesis Global Capital may be in the running in some malfeasance and is investigating to unravel the matter.
Several states open investigation into crypto lender Genesis
According to Barron’s, the Alabama Securities Commission and other US states have launched invest
We współpracy z: https://en.cryptonomist.ch/2022/11/28/crypto-world-genesis-investigation/
