Gensesis said its operating capital and net positions in FTX "are not material to our business" and that it has no ongoing relationship with FTX or Alameda Research, the crypto trading firm belonging to FTX CEO Sam Bankman-Fried.
Reporting by Hannah Lang in Washington; Editing by Leslie Adler
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Genesis Trading says derivatives arm has $175 million locked up in FTX accountGenesis Trading revealed late Thursday that its derivatives business has exposure to FTX amid the crypto exchange's ongoing collapse. What they really mean: lost in FTX BarrySilbert you've been quiet for a while , are you preparing yourself to be the next SBF?
Source: TheBlock__ - 🏆 464. / 53 Read more »
Crypto trading firm Cumberland says it had virtually no exposure to FTXCrypto trading company Cumberland said it had virtually no exposure to crypto exchange FTX, which has collapsed amid a liquidity crisis. degen_julian deezy824 Kings
Source: TheBlock__ - 🏆 464. / 53 Read more »
FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific 'Sparring Partner' – Bitcoin News“At some point I might have more to say about a particular sparring partner, so to speak,” the FTX executive said. cz_binance can be his pen pal from prison... the sparring can continue. People and crypto believers in the FTX community deserve more from you. Throwing all the dirt in the fan📢
Source: BTCTN - 🏆 531. / 51 Read more »
CoinShares discloses $30.3 million exposure to FTX, none to AlamedaEuropean crypto trading and investment group CoinShares disclosed a $30.3 million holding stuck on FTX exchange. it isnt a hole he is a black hole, its gonna suck us all.
Source: TheBlock__ - 🏆 464. / 53 Read more »