A wallet controlled by the Genesis over-the-counter trading desk sent about $125 million of ether (ETH), fantom (FTM) and tether (USDT) to the Coinbase, Binance, Bitstamp and Kraken exchanges on Thursday, the day of the bankruptcy filing, according to blockchain data compiled by Etherscan. In the past several hours, the wallet has transacted several more times, receiving almost $50 million USD coin (USDC).
Genesis’ Crypto Trading Arm Is Moving Money Around, a Sign of Normality Amid Sibling’s Bankruptcy
