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$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon.

By Nate DiCamillo
Updated May 9, 2023, 3:06 a.m. Published Mar 13, 2020, 11:15 p.m.
PAY UP: "As of five minutes ago, everyone who needed to post collateral has,” one lender said Friday. (Credit: Shutterstock)
PAY UP: "As of five minutes ago, everyone who needed to post collateral has,” one lender said Friday. (Credit: Shutterstock)