Digital Currency Group (DCG) owns Grayscale and Genesis (among many others).
DCG owes Genesis $1.1Billion. Yep, owes it’s own subsidiary a staggering sum. Reason being Genesis was insolvent in the summer following the Luna/3AC collapse.
One “promissory note” accounting sleight of hand later and Genesis was allowed to limp on for a few more weeks. However, Genesis is still insolvent and halted customer withdrawals last month.
DCG - as parent company and itself $2Billion in debt - should up and file Bankruptcy for Genesis. Only a matter of time and DCG will collapse at the same time.
As noted no biti.to or gbtc.
Lighter fluid on the real Hookers now on fire.
The effective pareto curve was utilized to move to dollars to real lower beta assets.
Pools of cash doing nothing like demshevik bish looters in plain site.
https://cms.zerohedge.com/s3/files/inli ... k=NGe3dlGJ
I'm sure voters for his party are that dumb. Banks are now to blame for inflation and high interest rates.
Stop the spending peach mint marxine morons.
Looking at defi products, and their true adoption curves the retail banking is going to change so radically that peach mint marxine
will be finger wagging a computer terminal next time.
Smart people already checked out. Cariboo look to be headed to 10k so piss on your own boots called due diligence.
Not picking on Cariboo we showed you real time via Toronto to short biti.to fund lightswitch legally. Wed Sep 21, 2022 9:58 am
We have not shorted btc in biti.to for some time as it went into lightswitch funds from the 1973 notes.
We will shift out the 270 as we are since they are brainrot.com
As indicated from those who even pretended to pay attention as H did we are basically 80 percent cash
into march sweeps. For the ones worshipping the demsheviks swamp and yes we understand all your metrics also
in ponerology mental illnesses from Dr. Andrzej M. Łobaczewski.
The actual smart money took your bananas from the top of the ladder
as now you fire hose anything close to the ladder as the Professor did put it. No clue.
Now if a righteous man turns from his righteousness and commits iniquity, and I put a stumbling block before him, he will die. If you did not warn him, he will die in his sin, and the righteous acts he did will not be remembered. And I will hold you responsible for his blood. eze
thread: 270, 1973, MIT
https://www.youtube.com/watch?v=n1TNLU-ydLA