Bitcoin fell below $16,000 early Monday as worsening liquidity issues raised cryptocurrency concerns following the collapse of Sam Bankman-Fried’s FTX. Unconfirmed social media chatter over the weekend had crypto industry sources, including a unit of Digital Currency Group, questioning whether the venture capital giant could be the next crypto domino to fall.

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DCG owns Grayscale Investments, manager of the world’s largest crypto fund, Grayscale Bitcoin Trust (GBTC). Grayscale holds more than 3% of the world’s Bitcoin. DGC also owns crypto broker Genesis Global Trading and digital-asset news outlet CoinDesk.

Genesis sought an emergency loan of $1 billion last week, the Wall Street Journal reported on Thursday. The firm halted withdrawals for its $2.8 billion crypto lending unit, Genesis Global Capital, on Wednesday after confirming liquidity issues following FTX’s bankruptcy filing. The company announced “abnormal withdrawal requests” from customers that exceed its current liquidity.

Two of Genesis’ biggest borrowers were Singapore-based crypto hedge fund Three Arrows Capital and FTX-affiliated trading firm Alameda Research. Three Arrows Capital, Alameda and FTX are all in bankruptcy proceedings. Three Arrows Capital filed in July while Alameda and FTX filed together in November. DCG filed a $1.2 billion claim against Three Arrows in July court proceedings after Genesis lent the firm $2.3 billion.

On Nov. 11, DCG gave Genesis an equity infusion of $140 million as…