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FTX Contagion Reaches Grayscale? Are GBTC, ETHE Next FTT?

source-logo  coingape.com 16 November 2022 10:20, UTC
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Crypto brokerage firm Genesis Trading facing potential solvency issues. A call with creditors is scheduled for tomorrow at 8 AM EST in which Genesis may explain the current situation, FTX exposure, and relations with Alameda Research. If the rumors are true, the firm may dissolve the GBTC and ETHE trusts to pay back their lenders. Digital Currency Group (DCG) is the parent of Genesis and Grayscale.

coingape.com