Breaking: Genesis Says Targeting Bankruptcy Exit By May 19

Genesis Bankruptcy News: Crypto lender Genesis Global is eyeing to achieve a resolution from the bankruptcy process in the next four months. In its bankruptcy announcement, the company said it was looking at potentially selling or equitization process to operate under new ownership. The solution coming out of the chapter 11 process also impacts the Gemini users. The company said it was weighing options to achieve an optimal outcome for Genesis clients and Gemini Earn users.