Bitcoin (BTC) Fights To Regain $21,000 Amid Genesis Rumors and Charges Against Little-Known Crypto Exchange
Bitcoin crypto Ang Bitcoin (BTC) ay Lumalaban Upang Mabawi ang $21,000 Sa gitna ng Mga Alingawngaw at Pagsingil sa Genesis Laban sa Hindi Kilalang Crypto Exchange Balita ng Ethereum ng Bitcoin Bitcoin (BTC) is on the cusp of regaining $21,000 as charges are filed against a little-known crypto exchange platform and rumors swirl around embattled crypto lender Genesis. Sa isang bagong pahayag, the U.S. Department of Justice (DOJ) is announcing charges against Hong Kong-based crypto exchange Bitzlato and its founder, Russian national Anatoly Legkodymov. The DOJ alleges that Legkodymov failed to maintain proper regulatory safeguards, including having substandard anti-money laundering practices. As stated by Assistant Attorney General Kenneth A. Polite in the press release, As for crypto lender Genesis, a new ulat by Bloomberg details how the embattled firm is gearing up to file for bankruptcy as early as this week. The companys troubles began when crypto hedge fund Three Arrows Capital (3AC) went under last year and was unable to pay back a substantial loan. Genesis‘ troubles were exacerbated when prominent crypto exchange FTX, which held some of Genesis’ funds, disintegrated in November. Sources familiar with the matter told Bloomberg that Genesis parent company, Digital Currency Group (DCG), is currently negotiating with creditors. If it fails to raise enough