IRENON

Tag: Genesis

  • Haseeb Qureshi: “The liquidation of Genesis could lead to the collapse of DCG

    Haseeb Qureshi: “The liquidation of Genesis could lead to the collapse of DCG

    Haseeb Qureshi highlights the possible consequences of the Genesis liquidation. This is what it would mean for DCG. Haseeb Qureshi, a partner at Dragonfly Capital, expounded on a show that Genesis creditors may require DCG to redeem $1.1 billion worth of Genesis notes. Which will cause DCG’s liquidity to run out and lead to its bankruptcy. “Seems like there…