PANews reported on January 20 that Bybit co-founder and CEO Ben Zhou tweeted that Mirana is Bybit's investment department, but it only manages part of Bybit's assets and is isolated from customer funds. The Bybit Earn product does not use Mirana. In addition, Genesis's $151 million loan to Mirana was pledged with collateral worth about $120 million, which has now been liquidated.
As reported earlier today, Genesis owes over $3.5 billion to its top 50 creditors, including Mirana Ventures entity Mirana Corp ($151 million).
