#GenesisTrading filed for bankruptcy in #SDNY.

- Bankruptcy Petition #: 23-10064
- #Gemini listed as a top creditor
- $100-500mm in assets
- $100-500mm in liabilities
- Genesis Global Capital LLC seems to have the #GeminiEarn debt. That petition hasn't posted yet but the list of creditors shows Gemini at $765.9mm.

For those unfamiliar #Genesis was probably the most important place #cryptocurrency (especially #Bitcoin) was bought and sold even though it was not retail facing.