The exodus from Genesis Trading continued Wednesday as co-Head of Sales and Trading Matt Ballensweig announced his departure from the crypto lending desk, which lost hundreds of millions of dollars during this year’s crypto contagion. Ballensweig said in a tweet that he will remain an adviser to Genesis “for the foreseeable future.” He said he had already shifted his day-to-day responsibilities to colleagues to close out his five-year tenure at the Digital Currency Group-owned firm
