Grayscale, DCG: Looming Bankruptcy Full of Downside Possibilities
Grayscale, DCG: Looming Bankruptcy Full of Downside Possibilities
- A DCG bankruptcy is awaiting and is full of downside possibilities.
- Digital Currency Group is associated with many other entities in the crypto field.
- 3AC founder blames DCG for its failures.
While DCG is one of the main reasons the crypto market emerged and reached $2 trillion in valuation in 2021, it could also become the reason for the rapid descent into obscurity according to revelations by Coin Bureau.
A DCG bankruptcy is a very real possibility and another downside risk to the crypto space. I covered this about a month ago in a seperate vid – will have to update at some point. https://t.co/lHBqaIZ2Xc
— Coin Bureau (@coinbureau) January 3, 2023
Reportedly, Digital Currency Group (DCG), is financially associated with multiple other entities in the crypto field, with ties, control, or financial exposure to hundreds of crypto exchanges, businesses, and websites.
Following this, Guy Turner, on
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