DCG losses top $1B on the back of 3AC collapse in 2022

DCG losses top $1B on the back of 3AC collapse in 2022

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Cryptocurrency venture capital conglomerate Digital Currency Group (DCG) has reported losses of over $1 billion in 2022 due largely to the contagion relating tocollapse of crypto hedge fund, Three Arrows Capital (3AC). DCG reportedly lost $1.1 billion last year, according to its Q4 2022 investor…

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