Former Genesis Employee Reportedly Raises Millions of Dollars for a New Crypto Hedge Fund
Cryptocurrency lender Genesis officially filed for Chapter 11 bankruptcy on January 20, 2023. It was revealed that the cryptocurrency lender owed its creditors over $3 billion. Moreover, the SEC charged Genesis for the sale of unregistered securities. Thus, the bankruptcy decision was made. New information has surfaced regarding cryptocurrency lender Genesis , according to details obtained by CNBC. The details revealed that three former employees of Genesis claimed to have raised millions of dollars for a new cryptocurrency hedge fund. Read more: Shiba Inu Burn Rate Plummets Despite Recent Spike, Here’s Why Source: Tradingview Hunting Hill Digital, the fund by former Genesis employee The cryptocurrency hedge fund called Hunting Hill Digital was the idea of Matt Ballensweig, who worked for the cryptocurrency lender for over five years. Ballensweig sent a message to an investor in December regarding the details of the fund. The message stated that Ballensweig had r...