Digital Currency Group, which was hit hard by the collapse of the FTX stock market ( DCG), stated that their losses exceeded $ 1 million.
Happened last year FTX crisis had badly affected the crypto industry in every field. After the scandal, the venture capital company DCG reported that the losses exceeded 1 million dollars in value. DCGspecifically, the crypto hedge fund Three Arrows Capital (3AC) was seriously damaged by the collapse. Scandalous events in the crypto industry in 2022 have damaged every aspect of the industry, and the effects of these losses continue.
DCG Stated That The Losses Continue With The Statements It Made!
Famous crypto exchange of FTXheavily damaged after bankruptcy DCG He also stated that the losses of many companies that he owns continue. Especially to 3ACreferring to DCGannounced that the total loss experienced by the company last year was over $ 1 billion.
In addition, DCG’s 2022 year end quarter to their reports according to, the damage continues and 1.1 billion dollarsstated that there was a net loss in value. DCG, in its fourth quarter report for last year, the company’s revenues were approximately 143 million dollarHe added that he was.
