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the latest Fallout from FTX this morning weamp;#39;re getting some news from one of the biggest lenders in the space Genesis saying that itamp;#39;s now pausing new loan originations and redemptions in a statement Genesis saying that spot and derivatives trading and its custody business do remain operational and then with regards to lending they say their number one priority is to serve clients and preserve their assets they have taken what they call the difficult decision to temporarily suspend redemptions and new loan originations in that lending side of the business and guys this is a major player in the space ing to their website theyamp;#39;ve got about 2.8 billion dollars in total active loans and Genesis is also a major source of liquidity in this market it comes as another big lender block five pause withdrawals in the past week or so due to its exposure to FTX The Wall Street Journal reporting that itamp;#39;s heading for bankruptcy no comment on that from block five but a
