A GenesisTrading wallet did one of its biggest daily $ETH transfers ever on the same day as the trading firm's sibling filed for bankruptcy, a blockchain analysis shows, reports.
The days with a bigger ETH outflow from the wallet – which all took place last year – coincided with major milestones for Genesis.
Here are the bigger days for the wallet, which has an address beginning with 0xd62:and 20% of its 260-person workforce was eliminated.to leave two days before.Chief Risk Officer Michael Patchen exited the companyOn Nov. 9, Genesis transferred out 86,220 ETH: As FTX was collapsing, Digital Currency Group, the parent of both Genesis and CoinDesk, gave
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