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12min chapter
The Chopping Block: A Rough Week 3 for SBF, DCG Troubles, Fees at Uniswap - Ep. 559
Unchained
The Troubles of DCG: Borrowing from Genesis and Ethical Concerns
This chapter focuses on the challenges faced by DCG, a prominent firm in the crypto industry, as they borrowed money from Genesis and used it to subscribe to GBTC. The hosts discuss how this practice essentially took customer funds and put them back into DCG, raising ethical concerns. They also touch on the recent false news about the approval of the Bitcoin ETF and its potential impact on fees.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode