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The Daily Hodl 2024-01-07 19:45:23

Digital Currency Group Has Paid Off $1,000,000,000 in Short-Term Debt, Says CEO Barry Silbert

Digital Currency Group (DCG) CEO Barry Silbert says the venture capital firm has settled over $1 billion in debt, including the nearly $700 million owed to its bankrupt subsidiary Genesis. In September, Genesis filed a lawsuit to recover around $627 million in loans owed to it by DCG and its affiliate DCG International Investments (DCIG) The post Digital Currency Group Has Paid Off $1,000,000,000 in Short-Term Debt, Says CEO Barry Silbert appeared first on The Daily Hodl .

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