2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC112: Bitcoin Macro Mastermind 1st Q 2023 w/ Joe Carlasare, Steven McClurg, & Jeff Ross (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is There a Liquidity Event With Gemini?

I think Gemini is serious, and they're not the only ones. One group that's posted $900 million a collateral with Genesis that they can't pay back. And we don't know how many other entities are out there. Do you see Silvergate caught up in all this as well? I don't know. Their deposit base has gone down about 70%. But I'm not holding my funds at Silvergate nor by holding client funds at silvergate.

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