Cryptocurrency broker Genesis has once again suspended withdrawals amid ongoing challenges
The move that comes after the US Bankruptcy Court for the Southern District of New York approved a settlement agreement between Genesis and the FTX entities. This agreement resolves a dispute in which Genesis will pay $175 million to
However, this settlement has not been without controversy. Various objections were raised, including by an ad hoc group of Genesis Lenders and the Gemini Trust Company. officially stopped all its cryptocurrency trading services, a decision stemming from the severe impacts of the Three Arrows Capital and FTX collapses on the company.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin (BTC) Price Latest: BTC/USD Chart Mixed as 200-day SMA Stands FirmBitcoin (BTC) is struggling in what should be a beneficial environment as markets continue to price in no further US monetary policy tightening
Read more »
Edward Snowden Believes Bitcoin ETFs Are Taming BTC (Bitcoin Amsterdam LIVE)Crypto Blog
Read more »
Bitcoin 'death cross' sees BTC price dip $1K erasing Uptober gainsBitcoin risks losing the $27,000 support zone with BTC price weakness suffering at the hands of a death cross.
Read more »
XRP Lawyer Buys Bitcoin (BTC) After This EventPro-XRP attorney John Deaton says he bought Bitcoin after it happened, but now it seems like it is not his best decision
Read more »
Bitcoin hits 2-week low on US inflation data — When will BTC price bounce?Bitcoin responds to U.S. inflation data with further BTC price downside to two-week lows.
Read more »
Bitcoin Bull Market Will Start When BTC Takes Over This Price PointTop crypto analyst highlights Bitcoin's bullish potential at specific BTC price
Read more »