DCG’s Barry Silbert reveals crypto agency has $2 billion in debt as he tries to calm buyers after FTX
Our only URLs are
All other sites are scams – especially be wary of:
benumbs.cards & bennumb.cards & bennumbs.cards & benumb.cc & many more…
(it can be hard to notice the S and extra N if not careful.)
Welcome to the real deal.
Please bookmark this link — the other sites have simply copy/pasted our html and don’t actually have any cards to sell.
They can be easy to fall for if you aren’t cautious!
If your booking $800M in revenue per year – so why do you need or have $2B in debt?
Did not explain what the debit was for? ie sources and uses of funds. Or bad trades?
There is Bitcoin, then there is “crypto”; day and night.
“Crypto” is synonymous with “scam”.
Bitcoin is an honest form of money.
Question: What do Digital Currency Group, $2 billion, FTX, Barry Silbert, and CNBC have in common?
Answer: They’re not Bitcoin. Why is this posted here?
A private company sends a note to shareholders and gets it published on CNBC. I’m loving how much the word “contagion” is spreading, in the FTX context
Keeping debt is usually more profitable than paying it down with investments that grow faster than the interest on the loan.
can you remind me what was his involvement during segwit war in 2017?
Send it to 0
The thing that motivates people to buy GBTC at a “Discount” is the same thing that motivated them to lend their BTC to Celcius which is also the same thing that led them to leveraged trading at FTX. It’s Greed guys… and to run one of these Empires you have to be among the greediest of all humans. Stay Humble and stack Sats.