Wednesday, November 23, 2022
HomeBitcoinTrusted Third Events Are Safety Holes - Bitcoin Journal

Trusted Third Events Are Safety Holes – Bitcoin Journal

The beneath is a direct excerpt of Marty’s Bent Concern #1283: “Trusted third events are safety holes.” Join the publication right here.

The contagion occasion that has dragged on for the higher a part of 2022 appears to be materially affecting Genesis Buying and selling and its guardian firm, Digital Forex Group (DCG). It has turn into obvious that Genesis didn’t have the perfect due-diligence course of when issuing loans to counterparties as a result of they needed to write down two nine-figure loans to zero this yr after lending out cash to Three Arrows Capital and Alameda Analysis.



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