Genesis Lends $2.36 Billion to 3AC, Loses Money, CEO Michael Moro, and 20% of Staff

On Wednesday (August 17), full-service digital currency prime broker Genesis, a wholly-owned subsidiary of Digital Currency Group (DCG), announced that CEO Michael Moro is “stepping down and will continue to advise the company through the transition.” The firm’s press release wen ton to say that “Chief Operating Officer Derar Islim, Ph.D., who joined Genesis in […]