Dogecoin DOGE/USD co-founder Billy Markus, popularly known as Shibetoshi Nakamoto said that “another day, another dumb f***ing crypto thing dies” in light of the recent bankruptcy filing of Genesis.
What Happened: Genesis’ crypto lending unit filed for bankruptcy protection late on Thursday evening.
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Markus took a dig at crypto lending companies calling them “stupid” and “everyone involved is a f***ing idiot”.
He also took a dig at Barry Silbert saying, that he was the one shorting Dogecoin on FTX in 2021.
Genesis reported having between $1 billion and $10 billion in assets and liabilities in its filings with a U.S. bankruptcy court.
Price Action: Dogecoin was trading at $0.080, down 0.25% in the last 24 hours, according to Benzinga Pro data.