Troubled crypto lender Genesis owes creditors at least $1.8 billion: CoinDesk

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Troubled crypto lender Genesis owes creditors at least $1.8 billion: CoinDesk
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Troubled crypto trading and lending firm Genesis owes its creditors at least $1.8 billion, CoinDesk reported Sunday.

Almost 255,000 Reddit Collectible Avatars were minted on Saturday, a record that beat the more than 200,000 mints on both Aug. 30 and Aug. 31.

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Genesis Creditor Groups' Loans Amount to $1.8B and Counting: SourcesGenesis Creditor Groups' Loans Amount to $1.8B and Counting: SourcesSCOOP: Creditor groups in negotiation with GenesisTrading currently account for $1.8 billion of loans, with that number likely to continue to grow, according to sources CoinDesk has spoken with. IanAllison123 reports
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Alameda invested $1.15 billion into crypto miner Genesis: BloombergAlameda invested $1.15 billion into crypto miner Genesis: BloombergAlameda Research, the trading firm associated with FTX, invested $1.15 billion into crypto miner Genesis Digital Assets.
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Genesis owes $900 million to Gemini customers: Financial TimesGenesis owes $900 million to Gemini customers: Financial TimesDigital asset firm Genesis owes $900 million to customers of crypto exchange Gemini.
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Crypto lender Genesis allegedly owes $900M to Gemini's clients: ReportCrypto lender Genesis allegedly owes $900M to Gemini's clients: ReportGenesis Capital and its parent company Digital Currency Group allegedly owes $900 million to Gemini's clients.
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Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets – Bitcoin NewsReport: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets – Bitcoin NewsGemini, the crypto exchange operated by Cameron and Tyler Winklevoss, is allegedly attempting to recover funds from Genesis, according to the sources.
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Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis, Financial Times reportsCrypto exchange Gemini trying to recover $900 million from crypto lender Genesis, Financial Times reportsCrypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins' crypto exchange Gemini $900 million, the Financial Times reported on Saturday.
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