
The Great Unwind
The Mark Moss Show
00:00
Cryptocurrency Market Maker and From Genesis Trading Is Facing Losses in the Hundreds of Millions
i had a guest on last week, mike alfred. We were talking about this. Genesis is owned by berry silbert, which also owns coin desk,. They're the big ones, right there. It's rumored to have a war chest of about one billion. Am, you know, i don't kno i's gongto go down. That doesn't affect me. But what it does affect me, and it affects you, is that, as this continues to go down, these companies are forced to liquidate 15 thousand bicoins at one time. And so it pushes the price down. I think we've seen the worst of biccoin selling.
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