Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options: New York Times

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Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options: New York Times
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Genesis Global Capital has hired investment bank Moelis & Company to explore options including a potential bankruptcy, according to The New York Times. By Aoyon_A

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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