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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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