Crypto prime brokerage Genesis Global Trading made $2.36 billion in loans to the now insolvent Three Arrows Capital, according to a 1,157-page court filing uploaded by bankruptcy trustee Teneo.

A list of creditor claims on the document reveals that Genesis Asia Pacific Pte. Ltd., an arm of Digital Currency Group's lending business, made demands for breached Three Arrows Capital loans totaling $2.36 billion. (Digital Currency Group owns CoinDesk.)The loans were partly collateralized with 17.4 million shares of the Grayscale Bitcoin Trust (GBTC), 446,928 shares in Grayscale Ethereum Trust (ETHE), 2.7 million AVAX tokens and 13.9 million NEAR tokens – all of which have been liquidated by Genesis.Genesis issued a margin call to Three Arrows Capital via the American Arbitration Association seeking collateral to make up the shortfall. When Three Arrows failed to provide the required collateral, Genesis sent a notice of default, stating that the entire loan balance was due.Last month sources told CoinDesk that Genesis faced losses in the "hundreds of millions" because of its exposure to Three Arrows Capital, which is also known as 3AC.Three Arrows Capital filed for Chapter 15 bankruptcy in the Southern District of New York on July 1.