Genesis Block: FTX had more than prostitutes in Thailand
Sam Bankman-Fried's trading desk empire extended all the way to Thailand through Genesis Block Thailand, a branch of the Hong Kong desk.
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Sam Bankman-Fried's trading desk empire extended all the way to Thailand through Genesis Block Thailand, a branch of the Hong Kong desk.
Read more (3 min) →Prior to the bankruptcy, many Genesis creditors said they still believed they'd be able to get all or most of what they had deposited back.
One creditor who pulled his funds from Genesis says he was lured back by emails from salespeople and incorrect monthly balance sheets.
Bitvavo is due up to $300 million after Bahamas-based FTX collapsed, leaving Genesis Trading and Digital Currency Group owing $1.8 billion.