Fraud, crime, and the Winklevii force DCG to freeze dividend payouts
According to CEO Barry Silbert, DCG’s problems are due to a wave of “unprecedented fraud and criminal behavior” in the crypto industry.
Bitcoin24h
$84,729.53-7.23%
Ethereum24h
$2,738.30-9.68%
XRP24h
$1.99-9.44%
BNB24h
$813.25-9.11%
Solana24h
$123.54-10.50%
TRON24h
$0.2762-2.20%
Dogecoin24h
$0.1328-11.40%
Cardano24h
$0.3757-11.52%
Bitcoin Cash24h
$510.85-8.06%
Hyperliquid24h
$29.53-12.61%
Scoop: Larry Summers gives up advisory role at crypto firm DCG amid criticism
Harvard professor Larry Summers has wiped all mention of his advisory role at DCG following backlash for comments he made about FTX.
Chelsea FC owner first in line for $350M payout if Genesis goes under
If Genesis fails, $350 million of the $600 million owed to Todd Boehly’s Eldridge would become due, according to the terms of the loan.
-
S&P 500 declines to add Strategy again—by Protos Staff
-
S&P Global Ratings says Tether’s stability is ‘weak’—by Protos Staff
-
DeFi yield aggregator Yearn discloses September incident in yUSND vault—by Protos Staff
-
Calvin Ayre linked to Wirecard collapse on German public TV—by Protos Staff
-
Top crypto execs cash in as stocks collapse—by Protos Staff
-
CHART: Bitcoin ETFs shed $58B, dropping faster than BTC—by Protos Staff
-
DeFi gets leaner: Gnosis fires treasury manager with 88% backing—by Protos Staff
-
Cardano crisis: senior dev quits after Hoskinson calls in the feds—by Protos Staff
-
Users blast curators Re7 and Silo for handling of DeFi turmoil—by Protos Staff
