The condition of Digital Currency Group (DCG), which is running as an empire in the crypto world, has become so thin that there can be many speculations about its future.
Genesis is Bankrupt, will file chapter 11
Genesis, a well-known name in crypto trading, derivatives, lending, and custody, can now file for Chapter 11 bankruptcy anytime.
Coindesk is losing business, will go for sale
Popular media and news agency Coindesk is now getting out of business; its situation has become such that preparations are being made to sell it.
Garyscale is under threat, will continue its assets management
Bitcoin whale Grayscale's dispute with the SEC over Bitcoin EFT is not stopping; now SEC lawsuit against its sister company Genesis situation is threatening the company itself.
All Alone
Other companies, such as Tradeblock, Foundry, and Luno, are going their own way. No one is helping each other; it is a sign of disunity in the group.
