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Crypto broker Genesis pauses customer withdrawals after FTX meltdown

Nov. 16, 2022 9:39 AM ETGBTC, ETHEBy: Max Gottlich, SA News Editor25 Comments

Flying calendar, checkbook, with coins, alarm clock and credit card on blue isolated background symbolizing quick loan. Fast money concept. 3d render

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Genesis Global Capital, the lending business of cryptocurrency brokerage Genesis, is halting redemptions and new loan originations Wednesday as the implosion of crypto exchange FTX continues to rattle the broader crypto ecosystem.

The FTX downfall has resulted in "abnormal

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