Genesis Owner DCG Shuts Wealth Management Unit Amid Building Troubles
DCG shut down its $3.5 billion wealth management division the same day its brokerage Genesis made huge layoffs.
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DCG shut down its $3.5 billion wealth management division the same day its brokerage Genesis made huge layoffs.
Judge Martin Glenn said he "empathizes with the frustration account holders may feel if they didn't read or understand the specific terms of use."
According to data by Finbold (as of January 2), the number of Bitcoin millionaire addresses stood at 28,007, representing a drop of about 71.73 per cent or 71,085 addresses from January 2 last year.
"They're not going to be welcoming of any sweetheart plea deal," a former assistant US attorney told CNBC.
What a difference 12 months can make, throw in a couple of rate hikes, bankruptcies and increased regulatory scrutiny and what do you get?