Crypto News: Crypto lender Genesis is ready to file for bankruptcy

Crypto lender Genesis is ready to file for bankruptcy

The collapse of FTX in November has claimed several victims

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Which includes crypto lender BlockFi and Core Scientific Inc ,

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Genesis, its parent Digital Currency Group and creditors have exchanged several proposals

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Genesis is also locked in a dispute with Gemini

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Gemini offered a crypto lending product called Earn in partnership with Genesis

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The U.S. Exchange Commission had charged Genesis with illegally selling securities

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