
Would a Genesis/DCG Deal With Creditors End the Crypto Contagion?
The Breakdown
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FTX - A Brief Look at the Big Deals in Cryptocurrency
Sam Wong is negotiating with US prosecutors to resolve outstanding issues related to his bail conditions. Emergent fidelity technologies, which was a firm co-founded by Sam and Gary Wong filed for bankruptcy late on Friday. Binance announced that as of Wednesday, they will be temporarily suspending US dollar bank transfers. From CoinDesk: DCG and Genesis have reached an in-principle agreement regarding their main creditors.
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