下一个SBF:DCG CEO Barry Silbert
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The deal includes DCG absorbing payouts exceeding $300 million and contributing $100 million to the Genesis bankruptcy estate.
One of DCG's institutional services is closing by the end of May due to a tough crypto market and regulatory landscape.
DCG’s subsidiary underwent a second round of job cuts after being hit by FTX implosion.
Sun did not specify the assets he would be willing to buy.
DCG CEO Barry Silbert has finally broken his silence after a series of serious accusations from Gemini founder Cameron Winklevoss.
Silbert said that "this past year has been the most difficult of my life – both personally and professionally.
Digital Currency Group (DCG) confirmed Thursday that it is shuttering HQ, its wealth management division.
Silbert responded, saying his firm submitted a proposal to Genesis and Gemini’s advisers last Thursday.
Genesis and its parent company, Digital Currency Group (DCG), are under pressure, and there are growing concerns about their potential default.