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The Fintech Files: Genesis falls, Revolut stalls, the FCA calls
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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...
Read more on fnlondon.comAbout this in other media
Genesis Capital’s fall might transform crypto lending — not bury it cointelegraph.com /1 year ago
Opinion: Barry Silbert keeps quiet as Genesis goes down in flames cointelegraph.com /1 year ago
DCG companies have laid off over 500 employees as contagion spreads cointelegraph.com /1 year ago
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