Bitvavo to Pre-Fund Locked DCG Assets Worth $296.7M Amid Liquidity Crunch
The Digital Currency Group and its affiliates (DCG) cited liquidity issues as they suspended redemptions, temporarily preventing users from withdrawing their funds.
![Bitvavo to pre-fund DCG-locked assets from worth $296.7 million in the midst of a liquidity crisis](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/9a744cf4-7e3f-4e82-9078-4da16ce9e33b.jpg)
![Bitvavo to Pre-Fund Locked DCG Assets Worth $296.7M Amid Liquidity Crunch](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvOWE3NDRjZjQtN2UzZi00ZTgyLTkwNzgtNGRhMTZjZTllMzNiLmpwZw==.jpg?#)
The Digital Currency Group and its affiliates (DCG) cited liquidity issues as they suspended redemptions, temporarily preventing users from withdrawing their funds.
![Bitvavo to pre-fund DCG-locked assets from worth $296.7 million in the midst of a liquidity crisis](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/9a744cf4-7e3f-4e82-9078-4da16ce9e33b.jpg)
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