Major Asian exchange related to FTX, Genesis Block, stops OTCtrading in Hong Kong
This information was spread to customers in a recent chain email from the company's compliance department, according to Reuters.
Aside from that, Genesis Block has asked its customers to move their funds out and has stopped taking on new clients.It should be noted here that Hong Kong-based Genesis Block is not connected with Genesis Global Capital, an affiliate of the Digital Currency Group, which stopped client withdrawals earlier this week, along with its partner Gemini Earn, as a result.
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