Digital Currency Group Reveals $2B in Liabilities, Including Debt to Its Own Subsidiary

Digital Currency Group Reveals $2B in Liabilities, Including Debt to Its Own Subsidiary

Regulations
November 23, 2022 by secret
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[ad_1] Key Takeaways In a shareholder letter, Digital Currency Group revealed that it has borrowed $575 million from Genesis Global Capital, its own subsidiary. Silbert also revealed the existence of a $1.1 billion promissory note connected to the collapse of Three Arrows Capital. DCG also has a $350 million credit facility from a group of