Sources: DCG is attempting to raise capital and avoid bankruptcy for its Genesis subsidiary in part to avert a $350M loan repayment to Todd Boehly's Eldridge (Nikou Asgari/Financial Times)

Nikou Asgari / Financial Times:
Sources: DCG is attempting to raise capital and avoid bankruptcy for its Genesis subsidiary in part to avert a $350M loan repayment to Todd Boehly's Eldridge  —  Digital Currency Group would be on the hook for outstanding loan if crypto lender goes bankrupt, say insiders