Genesis owes over $3.5 billion to its top 50 creditors, which includes Gemini, CumberlandSays, Mirana and others, according to the crypto lender's bankruptcy filing. thesamreynolds reports.
Crypto exchange Gemini, Trading giant Cumberland, Mirana, MoonAlpha Finance and VanEck’s New Finance Income Fund are among the fifty largest Genesis creditors, according to a bankruptcy filing published on late Thursday night.during the late U.S. hours of Thursday in what it called a “strategic [action] to achieve a global resolution to maximize value for all clients and stakeholders and strengthen its business for the future.
$766 million; trading firm Cumberland DRW $18.7 million; Crypto-fund Mirana $151.5 million; MoonAlpha Finance is owed $150 million, and VanEck’s New Finance Income Fund $53 million. There are also a number of creditors that have been redacted. An unknown creditor is owed $462.2 million and another is owed $230 million.A company called Heliva International Corp is owed $55 million, and lists
as a contact point. However, when contacted by CoinDesk, Ryan De Taboada, Decentraland’s COO, denied that this was an official investment from Decentraland.
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