Reuters Says Binance Commingled Funds, But Is It Just More FUD?
The Breakdown
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Binance's Xenophobia and the Crypto Crowd
Digital Currency Group has failed to make $630 million in load repayments to Genesis. The payment came due last week and was a result of intercompany loans between DCG and its subsidiary Genesis. Gemini's latest update on the Genesis bankruptcy said that various creditor groups are considering whether to provide a forbearance to DCG to avoid default.
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