Dump Alert: Genesis Seeks Court Approval to Liquidate $1.4 Billion in GBTC Shares

Genesis Global Capital, a troubled crypto lender, has filed a pivotal motion with a U.S. bankruptcy court seeking approval to sell approximately $1.6 billion in trust assets. The bankrupt firm filed the motion with a U.S. bankruptcy court in the Southern District of New York. Chinese reporter Colin Wu recently called attention to the development The post Dump Alert: Genesis Seeks Court Approval to Liquidate $1.4 Billion in GBTC Shares appeared first on Coin Edition .