Cryptocurrency markets on tenterhooks as Digital Currency Group hangs in the balance  

Crypto Astronaut

Other 1 year ago
1 QCP
Post Image
The hits keep coming for cryptocurrency giant Digital Currency Group, owner of Grayscale Investments, the Genesis lending platform and CoinDesk, as well as stakeholder in hundreds of crypto-related companies across the globe. Amid a US$900mln legal spat with Winklevoss Twin-owned crypto broker Gemini and a struggle to retain control over its US$13.5bn Grayscale Bitcoin Trust (GBTC), DCG head Barry Silbert has made the executive decision to halt dividend payments to the firm's shareholders.

https://www.proactiveinvestors.co.uk/companies/news/1003659/cryptocurrency-markets-on-tenterhooks-as-digital-currency-group-hangs-in-the-balance-1003659.html?SNAPI