Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors

Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse

“We’ve begun discussions with potential investors and our largest creditors and borrowers, including Gemini and DCG,” Genesis’ interim CEO Derar Islim said in a memo sent to customers. “We expect to expand these conversations in the coming days,” noting that Moelis was hired to fast track these talks.

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