FTX Collapse Could Also Bring Down Genesis

Genesis Capital is urgently seeking $1 billion in funding to prevent bankruptcy, warning investors of potential financial collapse. The company's trading arm has $170 million tied up in FTX, leading to halted withdrawals. Meanwhile, FTX's bankruptcy proceedings reveal over a million customers affected and $3 billion owed to creditors. This situation highlights the broader crypto crisis, with global regulators closely monitoring developments.

How many customers had funds tied up in the bankruptcy case of FTX?

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What are investigators, lawmakers, and regulators around the world watching in relation to FTX?

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