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Binance affiliate Gopax sold Genesis creditor claims at steep discount: Report - TradingView

Retrieved on: 2024-05-27 18:08:47

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Binance affiliate Gopax sold Genesis creditor claims at steep discount: Report - TradingView. View article details on hiswai:

Summary

The article discusses the financial struggle of South Korean crypto exchange Gopax, owned by Binance, due to exposure to the collapsed crypto lending firm Genesis Global. Genesis' failure was linked to Three Arrows Capital. The context revolves around the hedge fund's impact on cryptocurrency exchanges and related legal battles.

Article found on: www.tradingview.com

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