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War on Crypto: Between BTC and USDC

WAR ON CRYPTO UPDATE THREAD BTC USDC USD GRAYSCALE GENESISTRADING FTT

Crypto Status: Due to the crisis, various exchanges are experiencing withdrawal pressure. A bankruptcy-affected OTC desk called Genesis Trading is looking for funding.

The GenesisTrading sister business Grayscale is dumping bitcoin for 9,000 right now. Silvergate Bank or Signature Bank appear to be the next targets in what appears to be a war on the cryptocurrency ecosystem.

It really seems like the crypto space is being deliberately destroyed (both banks are cryptocurrency banks producing BUSD, USDC, TETHER BUSINESS, etc.).

Beginning with FTT, we're now talking about the oldest BTC OTC DESK and one of the biggest investment funds that is on the verge of going out of business. Additionally, one of the biggest ETH hodlers, jump crypto, has chosen not to respond to the recent FUD.

This post is based on this twitter thread.

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