“Genesis Digital was ‘one of Bankman-Fried’s most reckless investments.’” That's from the Wall Street Journal, in an article citing the views of the bankruptcy team that sold it off.
FTX invested $1.15 billion in Genesis Digital, only for the bankruptcy administrators to sell it for $500 million in June of 2026. The Journal reports it’s presently worth over $6 billion. And so it goes.
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