@rezoanulvibesOnNoiseApp 24 November 2022

2# As per Genesis, they don't have any plans for filing bankruptcy. They are working to resolve the current situation without going through any bankruptcy filing. If they get $1 billion in capital from investors, there is a chance they can deal with the ongoing situation. Shocking information was revealed about FTX and how they mismanaged everything in FTX. People think big institutions protect customers crypto in a better way and they are more efficient about this. FTX stored private keys for customers' crypto assets in a shared email account. It is hard to believe. Is that their safe way to store private keys? It was reported that there was a talk with the largest crypto exchange Binance to step in and help Genesis, but later Binance turned down the offer to make the investment in Crypto lender Genesis. When Binance steps back from getting involved in any crypto platform, that can spread more negative vibes in crypto.