From theblock.co

Digital Currency Group founder and CEO Barry Silbert updated shareholders on Tuesday and said the company would come out of the current environment stronger a day after media reports that its Genesis unit faced a possible bankruptcy. "DCG will continue to be a leading builder of the industry and we are committed to our long-term mission of accelerating the development of a better financial system," he wrote in a note to clients obtained by The Block. "We have weathered previous crypto winters and while this one may feel more severe, collectively we will come out of it stronger." "Genesis Global Capital, ... (full story)