Find out how fall of Genesis could be warning sign for world's largest digital asset manager
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This situation has generated significant concern regarding the potential negative impact on Grayscale, given that it belongs to the same group. However, the asset manager has stated that the regulatory framework in place for it and its entities reduces the likelihood of a scenario similar to that of FTX.It is essential to acknowledge that the purpose of this content is not to spread FUD on the cryptocurrency market, as it is already abundant.
A warning signal was triggered when Grayscale announced in November that, for security reasons, it would not be conducting a much-anticipated proof of reserves on the crypto market, unlike other major players in the industry.
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