Dogecoin Co-Founder Slams Genesis Bankruptcy Filing: ‘Another Day, Another Dumb F***Ing Crypto Thing Dies’



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.

Read Next: FTX’s New CEO Aims To Revive Defunct Cryptocurrency Exchange: What You Need To Know

 



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