Galaxy Digital Holdings CEO Mike Novogratz hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis saying while it’s “not good news,” it won’t “include a lot of selling.” In a Jan. 10 interview on CNBC’s Squawk Box Novogratz said he expects the current debacle facing DCG and its related companies to “play out” over the next quarter. “There are still some overhangs — DCG and Genesis and Gemini — that will play out in the next quarter. That’s not going to be great,” said Novogratz, adding: “I don’t think it will include a lot of selling, it's just not good news.” (Cointelegraph)
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It'll Be OK: DCG Crisis Likely Won’t ‘Include a Lot of Selling’ — Novogratz
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