@Bragato18 17 November 2022 edited more from that month

Is The King Of Crypto In A Spot Of Bother? This was going to be a short and quick post about a rapidly moving train wreck. It started as an Urgent Update to Clients as a final reminder to get their crypto off those centralised exchanges. **Genesis Global Trading**

The lending arm of crypto brokerage Genesis Global Trading suspended redemptions and new loan originations after an abnormal number of withdrawal requests that exceeded its current liquidity. Give that a minute to sink in folks. Genesis started as the first Over The Counter (OTC) Bitcoin desk in 2013 Genesis is now crypto's largest lending desk Genesis is part of the Digital Currency Group, Barry Silbert's holding company that owns CoinDesk, Foundry, Grayscale, and Luno Digital Currency Group also runs a large VC firm. **The Shell Game**

firstly you **give** your crypto to e.g. Gemini Gemini **gives** your crypto to Genesis Genesis **lends** your crypto to the fund  the fund **borrows** from Genesis @ x+2.0% Genesis **gives** Gemini @ x+1.0% Gemini **gives** you x% you have now **earned** yield but where is your crypto? **What Could Possibly Go Wrong?** Genesis sits at the epicentre of the global crypto capital markets. Genesis custodies funds. Genesis helps institutions earn yield. Genesis is the yield product for CeFi platforms e.g. Gemini. And this is why Genesis halting withdrawals is potentially so bad. **Are You Still Standing?** This could be your last chance to secure your crypto before it gets vaporised. Send the last of your crypto to your wallet ASAP while you are waiting for your Ledger Nano (or Trezor) to arrive in the mail. **Or Are You Sitting On The Fence?** Steady lads, waiting to deploy capital **noise.app** this info was sent as an alert to the B18CCS mailing list, then was posted on noise.app Thought it needed to be shared urgently to a wider audience https://noise.app/invite/njz6otst come join us and earn Bitcoin Cash for your trouble ***Bitcoin is cash, Bitcoin Cash*** **The END (quite possibly)** Support Your Local Bloggers Grandson Stacking Sats tip, like, follow and use the referral links below **Free Zcash (ZEC)** *Claim ZEC every day from the PipeFlare Faucet and Gaming Hub .* *Earn commissions on 4 tiers of referrals (50%, 30%, 20% and 10%). Plus claim free 1FLR (native token) and MATIC* **https://pipeflare.io/r/u6i** **Free ZEN** *Claim ZEN tokens every 20 hours from the Horizen Faucet. Earn commissions on 4 tiers of referrals (20%, 10%, 5% and 3%)* **https://getzen.cash/auth/register?ref=258534** **Free Cryptos Suite Of Faucets** **https://freebitcoin.io/?ref=150742**  (BTC) **https://freeshibainu.com/?ref=15036**  (SHIB-BEP20) **https://free-doge.com/?ref=37011** (DOGE) **https://free-ltc.com/?ref=10150**  (LTC) **https://freecryptom.com/?ref=300**  (LINK-BEP20) **https://freeneo.io/?ref=343** (NEO) **https://freecardano.com/?ref=150466**  (ADA) **https://freenem.com/?ref=160445** (NEM) **https://coinfaucet.io/?ref=506273**  (XRP) **https://freeethereum.com/?ref=52151**  (ETH-BEP20) **https://freedash.io/?ref=19102** (DASH) https://freedash.io/?ref=19102. **https://free-tron.com/?ref=40330**  (TRX) **https://freebinancecoin.com/?ref=40657** (BNB) **https://freepancake.com/?ref=20446**  (CAKE-BEP20) **https://freematic.com/?ref=22621**  (MATIC) **https://freesteam.io/?ref=18686**  (Steam) **https://freetether.com/?ref=298987**  (USDT-TRC20) **https://freebittorrent.com/?ref=9360**  (BTT-TRC20) **https://freeusdcoin.com/?ref=209283**  (USDC-BEP20) **Free BCH** Join us and earn BCH *****https://noise.app/invite/oj4f4fpr***** **Free Ethereum (ETH) and Ampleforth (AMPL)** *If you like what you have read, then you can join the Publish0x Community and receive a % of the tips.* ***https://www.publish0x.com?a=y1aKo5raQG*** **LocalCryptos** Peer2Peer marketplace for buying and selling BTC, ETH, LTC, DASH, and BCH **localcryptos.com/r/Bragato18** https://localcryptos.com/r/Bragato18