“We have no plans to file bankruptcy imminently,” a Genesis representative told Bloomberg. “Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors.”
Bitcoin Price (BTC) Tumbles to $69K, Leads to $450M in Liquidations
In the meantime, bitcoin bulls might be left scratching their heads at what might be needed for a true upside...