Cryptocurrency lending company Genesis files for bankruptcy

Last updated January 22, 2023 Cryptocurrency lending company Genesis on Friday officially declared bankruptcy, in the latest blow to the market following the bankruptcies of FTX and BlockFi late last year. The bankruptcy announcement comes after the Securities and Exchange Commission accused Genesis of illegally selling cryptocurrencies. On November 16, the company froze redemptions and … Read more

Cryptocurrency trading company .. Why did “FTX” file for bankruptcy? | Arabic TV

The American cryptocurrency trading company FTX has officially filed for bankruptcy protection, after depleting its liquidity and causing confusion in the cryptocurrency market, which has plunged sharply under the pressure of investors’ fear for their money deposited in the accounts of the American trading platform. The news of the company’s financial failure in the middle … Read more

A cryptocurrency trading company lays off 80 Bahrainis.

Anas Al-Aghbash A source confirmed that a digital currency trading company in the Kingdom of Bahrain, licensed by the Central Bank of Bahrain, reassured the rest of the employees, during a meeting with them yesterday, to stop the “techniques”, after it suddenly laid off 80 employees in one day under the pretext of reducing operating … Read more