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Genesis meltdown: Why investors are worried about bigger problems for crypto

Por: MarketWatch Business November 24, 2022

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Founded by billionaire Barry Silbert, DCG is one of the largest crypto companies in the world. In addition to Genesis, it also owns Grayscale, backer of the world’s largest bitcoin fund, crypto news publication CoinDesk and digital asset exchange Luno, among others.  A letter to investors by Silbert on Tuesday, obtained by MarketWatch, partly revealed the interconnectedness between DCG and Genesis. DCG has a liability to Genesis of about $575... + full article



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