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.
1Ведмежий1Поділитися
ЗастереженняНаведені вище матеріали не представляють позицію компанії HTX.HTX не дає жодних торгових рекомендацій.

Схожі статті

  • Image

    Bitcoin’s $64,000 Rebound Faces A Real Test As Sellers Wait Near $65,000

  • Image

    Ethereum whales add $20.6M in ETH – Is $2,000 within reach?

  • Image

    Robinhood Chain flips Hyperliquid – 2 metrics show speculative interest

Усі коментарі0НовіПопулярно

avatar
НовіПопулярно

Схожі статті

  • Image

    Bitcoin’s $64,000 Rebound Faces A Real Test As Sellers Wait Near $65,000

  • Image

    Ethereum whales add $20.6M in ETH – Is $2,000 within reach?

  • Image

    Robinhood Chain flips Hyperliquid – 2 metrics show speculative interest