# Genesis denies ‘imminent’ plans to file for bankruptcy

# Genesis denies ‘imminent’ plans to file for bankruptcy

” Genesis denies ‘imminent’ plans to file for bankruptcy “ Cryptocurrency lending company Genesis has refuted speculation that it is planning an “imminent” bankruptcy filing should it fail to cover a $1 billion shortfall caused by the fall of crypto exchange FTX. The firm has reportedly faced difficulties raising money for its lending unit and…

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# FTX Japan plans to resume withdrawals by 2023: Report

# FTX Japan plans to resume withdrawals by 2023: Report

” FTX Japan plans to resume withdrawals by 2023: Report “ Crypto exchange FTX’s subsidiary in Japan, FTX Japan, reportedly plans to resume withdrawals by the end of 2022. According to a Nov. 21 report from Japan-based news outlet NHK, FTX Japan has been making preparations to resume withdrawals. Japan’s Financial Services Agency, or FSA,…

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# Celsius had ‘insufficient’ accounting and operational controls, says examiner

# Celsius had ‘insufficient’ accounting and operational controls, says examiner

” Celsius had ‘insufficient’ accounting and operational controls, says examiner “ The independent examiner in crypto lender Celsius’ bankruptcy case has alleged that the company failed to set up “sufficient” accounting and operational controls in its handling of customer funds.  In an interim report released on Nov. 19, examiner Shoba Pillay made a number of…

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