BREAKING: Genesis parent company Digital Currency Group just shut down its $3.5 billion wealth management division, per the Information.
— unusual_whales (@unusual_whales) January 5, 2023
One of the world's largest #crypto lenders, Genesis has laid off 30% of its workers after considerimg filing for bankruptcy.
— Whale Coin Talk (@WhaleCoinTalk) January 6, 2023
Now, #Genesis has only 145 staff members left. The company suffered huge losses after Alameda went down.
Will Genesis survive the #CryptoWinter?👀
Mridul is an MBA pursuing a content writing career. He is a dedicated, detail-oriented freelance writer with over 2 years of experience and knowledge in the fields of Web3, blockchain, cryptocurrency, and NFTs. He is skilled in producing long and short content per the guidelines and client requirements for maximum search engine optimization.