Digital Currency Group (DCG) has appointed Mark Shifke as the new CFO, following the departure of former CFO Michael Kraines. DCG has reported Q2 revenues of $216 million but also consolidated quarterly losses of $79 million. Ongoing negotiations to settle claims for defunct subsidiary Genesis Global Holdco and a lawsuit from creditor Gemini Trust hint at turbulent times for DCG.
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Navigating Treacherous Waters: DCG Hails New CFO Amid Economic Turmoil and Billion Dollar Losses
Digital Currency Group recently appointed Mark Shifke as its new CFO, following the departure of former CFO Michael Kraines. Amid economic strain and the challenges of a bearish crypto market, Shifke radiates optimism and enthusiasm as he looks forward to the future of the digital asset space.