Fear Makes Quick Return to Crypto Markets as Bitcoin Plunges Most in 2 Months

Genesis creditor groups’ loans total $1.8 billion, according to a person familiar with the matter. In addition to the previously reported group of Gemini customers owed $900 million through its Gemini’s Earn program, which is tied to Genesis, a second group of assorted Genesis creditors, with loans also amounting to $900 million, is being represented by law firm Proskauer Rose, a second source told CoinDesk. Genesis and CoinDesk are both owned by crypto conglomerate Digital Currency Group.