Bybit CEO supplies readability on publicity to Genesis, but neighborhood calls for more

Bybit CEO offers clarity on publicity to Genesis, but community requires more

Genesis Worldwide Trading, a prominent crypto lender, filed for Chapter 11 financial kill safety in Novel York on Jan. 20, turning into essentially the latest firm to expose financial kill within the wake of FTX’s collapse. On the choice hand, the level of interest of the crypto community has shifted in direction of assorted companies that had publicity to the lending agency.

One checklist urged that a entire of 9 crypto companies had publicity to Genesis, alongside side Gemini, Bybit, VanEck, Decentraland and others. Bybit CEO Ben Zhou used to be rapidly to retort to the stories and clarified that Bybit indeed had $150 million publicity to the bankrupt crypto lender by technique of its investment arm Mirana.

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