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)
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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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