Genesis Moves $1.5 Billion in Bitcoin and Ethereum for Creditor Repayments
💼
The bankrupt cryptocurrency firm Genesis aims to repay its creditors by moving a substantial amount of Bitcoin and Ethereum, totaling $1.5 billion. This transfer indicates Genesis' commitment to settling its debts and could have significant implications for its financial obligations.
The transaction shows that Genesis is actively managing its cryptocurrency assets to address its bankruptcy and creditor repayments. This move may impact the broader market, particularly if such large sales or transfers affect cryptocurrency prices.
出典: en.coinotag.com ↗
