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TechFlow news — Andrew, a Twitter user who previously leaked multiple internal DCG documents, tweeted that crypto exchange Gemini is expected to soon force Genesis into bankruptcy proceedings. The bankruptcy of Genesis would trigger liquidation of DCG's assets (based on redeemable loans), putting DCG's $GBTC holdings at risk.Original link
Andrew, a Twitter user who previously leaked internal DCG documents multiple times, tweeted that crypto exchange Gemini is expected to soon force Genesis into bankruptcy proceedings. Such a bankruptcy would trigger the liquidation of DCG's assets (due to redeemable loans), putting DCG's $GBTC holdings at risk.
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