[DCG: As of June, all short-term debts have been repaid, and the only remaining debt is Genesis's $1.1 billion promissory note] Golden Finance reported that Digital Currency Group (DCG) announced in its quarterly shareholder letter this week that as of June, the company had repaid all short-term debts. In the past 18 months, the company has repaid more than $1 billion to creditors, especially boosted by strong performance in the first half of this year. DCG said that the only remaining debt is a $1.1 billion promissory note due in 2032 for its bankrupt crypto lending division Genesis. It is reported that Genesis had lent billions of dollars worth of assets to 3AC, causing it to suffer heavy losses. DCG helped its subsidiaries stay in business by lending cash and presenting $1.1 billion promissory notes. But a few months later, when FTX and its sister company Alameda Research collapsed in November, Genesis was forced to close its withdrawal function and enter bankruptcy proceedings.