Digital Foreign money Group Inc., the cryptocurrency conglomerate that owns Genesis World Buying and selling Inc., is the most important creditor of the beleaguered hedge fund Three Arrows Capital Ltd., in response to courtroom paperwork compiled by Three Arrows’s liquidator.
DCG’s Genesis Asia Pacific Ltd. lent Three Arrows $2.4 billion, the courtroom doc stated. The hedge fund put down the equal of $1.2 billion in crypto and different collateral as of final month.
