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Breaking: Barry Silbert's DCG Owes Over $3 Billion To Creditors

source-logo  coingape.com 12 January 2023 12:04, UTC
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After being caught off guard by the failure of the FTX crypto exchange in November of 2022, DCG, a conglomerate that controls crypto broker Genesis, investment management company Grayscale, and other crypto media outlets — is attempting to raise fresh capital in order to recover from its financial predicament. According to the latest reports published on Jan 12, Genesis Global allegedly owes more than $3 billion to its creditors.

coingape.com