- Digital Currency Group down billions. Repaying Genesis creditors who lent them crypto and dollars which they no longer own with DCG shares. They shorted all crypto lent, then lost those dollars gambling and have ~90% losses. All they have are their shares of the actual company to give. https://www.coindesk.com/business/2023/02/27/crypto-conglomerate-digital-currency-group-reports-loss-of-11b-in-challenging-2022/ 31 comments btc
Linking pages
- Crypto Giant DCG Revealed a Loss of Over $1 Billion in 2022 (Report) https://cryptopotato.com/crypto-giant-dcg-revealed-a-loss-of-over-1-billion-in-2022-report/ 18 comments
- First Mover Asia: Bitcoin BTC Price Stays Rooted Near $23.5K https://www.coindesk.com/markets/2023/02/28/first-mover-asia-bitcoin-stays-rooted-near-235k/ 12 comments
- DCG losses top $1B on the back of 3AC collapse in 2022 https://cointelegraph.com/news/dcg-losses-top-1b-on-the-back-of-3ac-collapse-in-2022 5 comments
Linked pages
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