Home Cryptocurrency Crypto Trading Firm Cumberland DRW Disputes Genesis Exposure

Crypto Trading Firm Cumberland DRW Disputes Genesis Exposure

by SuperiorInvest

“In accordance with the terms of our agreement, we notified them on November 16th that we were waiving our cash collateral and liquidating their crypto to close the loan,” Cumberland said. “This leaves us with an outstanding balance of approximately $46,064.34, consistent with our November tweet. We have not identified any additional loans from Genesis and have no additional exposure.”

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