The post Genesis Transfers Over $113M To Exchanges Despite Filling for Chapter 11 Bankruptcy Protection  appeared first on Coinpedia Fintech News
Distressed institutional crypto lending and trading protocol Genesis Trading has transferred digital assets from its wallets to exchanges after filing for bankruptcy protection. Notably, Genesis Global Capital, LLC and Genesis Asia Pacific Pte. Ltd., filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District …

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