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in Tech

Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert’s DCG empire

by Editor January 20, 2023, 10:12 am 2k Views

Crypto lender Genesis files for bankruptcy in latest blow to Barry Silbert's DCG empire

Barry Silbert, Founder and CEO, Digital Currency Group

David A. Grogan | CNBC

Crypto lender Genesis filed for Chapter 11 bankruptcy protection late Thursday night in Manhattan federal court, the latest casualty in the industry contagion caused by the collapse of FTX and a crippling blow to a business once at the heart of Barry Silbert’s Digital Currency Group.

The company listed over 100,000 creditors in a “mega” bankruptcy filing, with…

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