According to CoinDesk, in addition to the previous $900M in debt to Gemini, the cryptocurrency brokerage firm Genesis has another group of creditors represented by the law firm Proskauer Rose, with a total debt of $900M. Genesis loans currently amount to $1.8B and may keep hiking.
Foresight News previously reported that Genesis and its parent company Digital Currency Group (DCG) owed Gemini $900M in debt.