In a significant development in the cryptocurrency landscape, the bankrupt crypto lender Genesis Trading has recently initiated a deposit of $36.45M worth of 34 crypto assets to Gemini, one of the prominent cryptocurrency exchanges. Among the top five assets deposited are 16.4M GRT ($4.83M), 123K INJ ($2.95M), 396M AMP ($2.93M), […]
Tag: Bankruptcy
SafeMoon’s SFM Token Faces Sharp over 50% Decline Following Chapter 7 Bankruptcy Filing
In a startling turn of events, SafeMoon’s SFM token has witnessed a substantial crash, plummeting by more than 50% in value subsequent to the company’s voluntary Chapter 7 bankruptcy filing. The once-thriving memecoin, SafeMoon (SFM), has opted for Chapter 7 bankruptcy in the United States. This form of bankruptcy primarily […]