Fairfax County, Virginia, pension Funds exposed to Genesis bankruptcy

01/20 23:30

Genesis Global Holdco, the parent company of cryptocurrency lender Genesis Global Capital and a sister company of CoinDesk, filed for Chapter 11 bankruptcy protection late Thursday. Genesis owes over $3.5 billion to its top 50 creditors – and one of the creditors has ties to a $6.8 billion pension fund system in Fairfax County, Virginia. The list of creditors in the bankruptcy filing included the New Finance Income Fund from global asset manager VanEck with a $53 million claim against Genesis.
bullishbullishbullish1bearishbearishbearishBaissier1Partager
Clause de non-responsabilitéLe contenu ci-dessus ne représente pas les positions de HTX.HTX ne fournit pas de recommandations de trading.

Articles connexes

  • Image

    Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

  • Image

    SoFi Rolls Out Ethereum And Solana-Based Stablecoin To 15 Million Users

  • Image

    Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail

Tous les commentaires0RécentPopulaire

avatar
RécentPopulaire

Articles connexes

  • Image

    Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

  • Image

    SoFi Rolls Out Ethereum And Solana-Based Stablecoin To 15 Million Users

  • Image

    Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail