Barry Silbert Barry Silbert

The Fintech Files: Genesis falls, Revolut stalls, the FCA calls

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fnlondon.com

Another week, another crypto bankruptcy. This time it’s Genesis, the Barry Silbert-owned lender that lent hundreds of millions of dollars to FTX-affiliate Alameda Research.

But Genesis’ demise is more than just a tale of the contagion brought on by the FTX scandal. It also spells the end of an era for crypto’s pseudo banks.It...

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