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ROLLUP: FTX Contagion | SBF Tweet Thread | Genesis Trading | Gemini Earn | StarkNet Token | Cosmos ATOM 2.0

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The Fall of Genesis and FTX Fallout

This chapter explores the turmoil surrounding Genesis, a leading crypto lending desk, which halted withdrawals amid significant losses linked to FTX. It discusses the potential liquidity crisis and the ripple effects on firms like Gemini and BlockFi, along with the systemic challenges faced by the crypto market. Legal implications, including ongoing investigations and lawsuits related to FTX's collapse, are also examined, drawing parallels to past scandals.

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