Cryptocurrency project capital conglomerate Digital Currency Team (DCG) has reported losses of over $1 billion in 2022 due largely to the contagion concerning tocollapse of crypto hedge fund, Three Arrows Capital (3AC).
DCG reportedly lost $1.1 billion last one year, fixed with its Q4 2022 investor file, and acknowledged the outcomes “judge the affect of the Three Arrow Capital default upon Genesis” alongside with the “detrimental affect” from falling crypto costs.
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