Technical Analysis

FT reports that crypto exchange Gemini is trying to recover US$900m from lender Genesis

Eamonn Sheridan

Eamonn Sheridan

Saturday, 03/12/2022 | 23:53 GMT-0

03/12/2022 | 23:53 GMT-0

The Financial Times is gated but Reuters have the summary for the cryptocurrency folks:

  • Crypto exchange Gemini is trying to recover the funds after Genesis was wrongfooted by last month’s failure of Sam Bankman-Fried’s FTX crypto group, the newspaper said, citing people familiar with the matter.

Genesis and Gemini did not immediately respond to Reuters’ request for comment.

Bitcoin weekend update:

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