The WSJ reported that Genesis sought a $1 billion loan from in | NFT Insider
The WSJ reported that Genesis sought a $1 billion loan from investors due to FTX's collapse and bankruptcy.
WSJ noted that the funds were sought by Nov 14 due to a "liquidity crunch due to certain illiquid assets on its balance sheet," before it announced on Nov 16 that it was halting all customer withdrawals.
