Genesis Trading, a crypto brokerage firm, is having major difficulties raising capital during its current financial crisis. According to the latest WSJ report the crypto lender approached players such as Binance and Apollo Global Management in order to bid for its loan books. Sources familiar with the matter claim that Binance has not decided to bid.
The post Binance Refuses Any Investment to Save Crypto Lender Genesis. Bankruptcy Ahead CoinGape was first to publish this article.