$1.8 billion and possibly more. That’s how much CoinDesk sources say Genesis owes in loans to customers with funds locked up on the crypto trading and lending platform. Nikhilesh De had the latest involving Genesis, which like CoinDesk, is owned by Digital Currency Group (DCG). Plus, Katie Talati, Arca head of research, joined “First Mover” to discuss her crypto markets outlook. And, it’s time to unveil CoinDesk’s Most Influential 2022, the definitive list of the biggest change makers in crypto, blockchain and Web3.

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• Source: https://www.coindesk.com/markets/2022/12/06/first-mover-asia-bitcoin-falls-on-inflation-fears-but-continues-its-ride-above-17k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines