Genesis Reportedly Owes Creditors Over $3B; Blockchain.com Lays Off 28% of Workforce

Here's our coin that's a bitcoin data Roundup crypto lender Genesis owes Creditors over three billion {{dollars}} ft Reporting digital foreign exchange group the Parent agency of Genesis and coindesk Is reportedly in search of to advertise just a few of Its Venture Capital portfolio value Around half a billion {{dollars}} And crypto brokerage blockchain.com Laying off 20 of its Workforce as a result of the Industry's cruel winter continues the Company is shedding 110 staffers in a Bloody week of layoffs all through the crypto Sector And ship makeman free the disgrace Former Chief of FTX opening a sub-stack Newsletter and denying stashing away Billions and stealing funds from otx to Cover losses from its sister company Alameda evaluation about casting the blame Of ftx's downfall on elementa's poor Hedging bacon free notably didn't Address the 65 billion buck line of Credit he opened from The Exchange to The shopping for and promoting arm as revealed in a courtroom docket Hearing on Wednesday on the listening to a Lawyer representing FTX in its chapter 11 chapter persevering with talked about the credit score rating Line has led to quote shortfall in value And we're paying purchasers and collectors