Sources: digital asset trading firm Genesis is potentially facing "hundreds of millions" of dollars in losses, partly through exposure to 3AC and Babel Finance (CoinDesk)







CoinDesk:

Sources: digital asset trading firm Genesis is potentially facing “hundreds of millions” of dollars in losses, partly through exposure to 3AC and Babel Finance  —  The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance.





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