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CoinGape

Breaking: Genesis Moves $1.5 Bln In BTC and ETH For Creditor Repayment

CoinGape
Summary
Nutrition label

58% Informative

Genesis Global has moved the sum of $1.5 billion in potential creditor repayment move.

The funds moved are domiciled in Bitcoin (BTC) and ETH ( ETH ) The move is a significant move that might end its close to 2-year bankruptcy hurdles.

Wallets linked with Genesis Trading have moved 16.6 K BTC ($ 1B ) and 166.3 K ETH ( $521.1M ) in the past hour .

VR Score

30

Informative language

13

Neutral language

30

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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