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CoinGape

2023-01-06 03:57:52

Genesis-Parent DCG Shuts Down Its Wealth Division Unit Amid Troubles

Genesis-Parent DCG Shuts Down Its Wealth Division Unit Amid Troubles

Hours after the news broke out that Genesis Global has fired 30% of its staff, parent company digital currency Group (DCG) has decided to close its wealth division. This is the latest sign of trouble as the company has been facing a severe liquidity crisis at Genesis following the FTX collapse. Dubbed HQ Digital, Digital The post Genesis-Parent DCG Shuts Down Its Wealth Division Unit Amid Troubles appeared first on CoinGape .

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