Raporlara göre CZ — the founder of the world’s biggest cryptocurrency exchange is interested in buying Genesis’ loan book. After showing interest in buying FTX but later backing out within 24 hours, Changpeng ‘CZ’ Zhao is said to be keen on acquiring Genesis’ loan book.
Genesis Halts Withdrawal Service
Reports suggest CZ has begun reaching out for more insights on the state of Genesis’ balance sheet as he might consider a potential bid for Genesis’ loan assets. In its Q3 2022 report, Genesis listed active loans worth $2.8 billion.
Daha fazla oku: Genesis, FTX Çöküşünden Sonra Müşterilerin Para Çekme İşlemlerini Askıya Aldı
Zhao’s statements on Twitter last week sparked the bank run that brought down FTX, which had a massive target on its back when it was discovered that its balance sheet was laughable and probably fraudulent.
FTX'in çöküşü, bu yıl bir dizi kurumsal başarısızlıktan zaten ağır darbe almış olan kripto para birimi endüstrisine ciddi bir darbe indirdi. Axie Infinity hilesi olsun, Terra LUNA fiyaskosu, 3AC tasfiyesi veya Celsius iflası — kripto piyasası 2022'nin en kötü zamanlarından birini gördü.
B2C2 Offers to Buy Loans From Genesis
Not just CZ, but even B2C2, the largest market maker in the industry has offered to purchase loans from the crypto financial firm Genesis. Max Boonen, the director and founder of B2C2, first tweeted about the offer as a way to “alleviate the current liquidity shortfall.”
Tombala kartımda Genesis yoktu. Vay. Bu, OTC pazarında çok az oyuncu bırakıyor…@B2C2Grubu kredi satın almak için bir teklif sunmak istiyor @GenesisTradingkitabı mevcut likidite açığını hafifletmek için.
— Max Boonen (@maxboonen) 16 Kasım 2022
Oluşum revealed last week that the $175 million in locked funds in its FTX trading account belonged to its derivatives unit. In order to bolster Genesis’ balance sheet, DCG (parent company) decided to inject $140 million in additional shares.
The Ongoing FTX Drama
The FTX saga has sent the market into a frenzy and seems like there’s no stopping. Earlier, it was also reported that almost $1 billion in client deposits have gone missing from the bankrupt cryptocurrency exchange FTX, and it’s alleged that Bankman-Fried used a “backdoor” in FTX’s book-keeping system to siphon off money privately.
Due to the ongoing turmoil in the crypto market, not just Genesis, but many other organizations are expected to face the heat as well.
Sunulan içerik yazarın kişisel görüşünü içerebilir ve piyasa koşullarına tabidir. Kripto para birimlerine yatırım yapmadan önce pazar araştırmanızı yapın. Yazar veya yayın, kişisel mali kaybınızdan sorumlu değildir.
Source: https://coingape.com/just-in-binances-cz-might-acquire-genesis-loan-book/