This marks one month since
troubled crypto lender Genesis Global Capital, which is owned by DGC, suspended its Gemini Earn program. Assets on the Digital Currency Group portfolio have taken a hit over the last 24 hours, triggering market speculation.suspended“DCG and Genesis have highly competent teams. In normal circumstances neither would pay 15%-30% of slippage to rapidly exit long-held positions over the weekend, so observers are naturally speculating this was a forced event of some kind,” Rich Rosenblum, president of trading firm GSR, told The Block on Saturday.
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