Bitcoin (BTC) $93,767.53 -0.38%
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24h Vol: $64,980,493,784

CoinGape

2022-11-21 07:33:27

Barry Silbert’s DCG, Genesis Fallout Could Be Worse Than FTX, Here’s Why

Barry Silbert’s DCG, Genesis Fallout Could Be Worse Than FTX, Here’s Why

Crypto trading firm Genesis’ exposure to bankrupt crypto firms FTX and Three Arrows Capital is pulling its parent Digital Currency Group (DCG) and Grayscale into the contagion. Now, it has come to light that Barry Silbert’s DCG owes over $1.1 billion to Genesis. Some claim DCG fallout could have more ripple effects than FTX. DCG The post Barry Silbert’s DCG, Genesis Fallout Could Be Worse Than FTX, Here’s Why appeared first on CoinGape .

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