Genesis Block, which at one time operated one of Asia's biggest bitcoin ATM networks, said it would be closing down its over-the-counter trading portal on Dec. 10, according to an email to customers sent by its compliance department reviewed by Reuters.
One person with knowledge of the matter said one Genesis Block official was previously a director in FTX Hong Kong, but resigned from the directorship this month. FTX Hong Kong is one of the about 130 FTX-affiliated companies backed by Sam Bankman-Fried that have filed Chapter 11 bankrupcy proceedings in the United States.Genesis Block executives declined to comment.
CoinHero's website offers a guide for its customers on how to buy FTT through Genesis Block's trading desk in Hong Kong.