Genesis: More time is needed to resolve the credit department's suspension of redemptions

ChainCatcher news, according to the latest client letter released by Genesis, Genesis will continue to work with advisors to find solutions for its credit division (Genesis Trading). While Genesis is committed to resolving the issues as quickly as possible, it is a very complex process that requires some additional time.

Previously reported, Genesis stated in an email sent to its clients on December 8 that the redemption issues in its credit division, Genesis Global Capital, may take several weeks to resolve. (Source link)