Justin Sun told Reuters that he's considering buying as much as $1 billion of Digital Currency Group's assets.
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Crypto investor Justin Sun says willing to spend up to $1 bln on DCG assetsChinese crypto entrepreneur Justin Sun is willing to spend $1 billion of his own funds on buying assets belonging to Digital Currency Group (DCG), the parent company of embattled crypto lender Genesis, Sun told Reuters.
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DCG's Genesis owes creditors over $3 billion, eyes asset sales: reportCrypto lender Genesis reportedly owes creditors $3 billion, and is eyeing the sale of its parent company's venture assets to raise funds
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Breaking: DCG owes creditors over $3B, considering $500M VC portfolio saleCrypto broker Genesis entered a solvency crisis on Nov. 16 in the wake of FTX's collapse.
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Crypto Biz: DCG’s ‘carefully crafted campaign of lies’?Cameron Winklevoss has aired out his grievances to DCG's board. You can read about it in this week's Crypto Biz newsletter. (Reporting via forgeforth_)
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China's exports seen cooling further in December on weak global demand, COVID woes: Reuters pollChina's export and imports are expected to have continued to struggle over December, due to the spread of COVID-19 in the country disrupting production lines and waning demand both at home and abroad, a Reuters poll showed on Thursday.
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S&P 500, Dow Jones open higher after December inflation data By Reuters⚠️BREAKING: *U.S. STOCKS OPEN HIGHER AFTER CPI DATA SHOWS INFLATION DECLINED IN DECEMBER - $DIA $SPY $QQQ 🇺🇸🇺🇸
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