New York Attorney General’s Lawsuit Against DCG Dismissed
The NYAG has filed motions to dismiss the $3B fraud lawsuit against DCG and its CEO. They contend that the accusations made against them are "baseless innuendo."
Tag DCG
New York’s Fraud Case Against Digital Currency Group Grows to $3B
The Attorney General of New York has broadened the scope of her civil fraud case against DCG, alleging the company is accountable for $3B in investor losses.
Gemini’s Winklevoss Final offer: $1.5B from DCG
key takeaways: The legal saga between Gemini, the cryptocurrency exchange founded by the Winklevoss twins, and Digital Currency Group (DCG), a prominent investment firm, has reached a pivotal moment. In a stunning move, Gemini has made a final offer, demanding…
DCG Clears $700M Debt Through Genesis Settlement
With reference to the now-defunct crypto lending platform Genesis, venture capital firm DCG declared that it has paid off all of its short-term loans.
Grayscale Sees Executive Exodus as Board Members Step Down
Prominent executives have resigned from the board of directors of cryptocurrency investment firm Grayscale Investments, which runs the Grayscale Bitcoin Trust.
Gemini hits out at DCG, Genesis Bankruptcy Plan, calls it ‘Misleading’
Key Takeaways In a significant legal dispute within the cryptocurrency space, lawyers representing Gemini Trust have strongly opposed a bankruptcy recovery plan proposed by Digital Currency Group (DCG) concerning creditors of Genesis Global. Gemini Trust, a well-known cryptocurrency exchange, has…
DCG & Genesis: In-Principle Deal to Resolve Bankruptcy Claims
key takeaways: The Digital Currency Group (DCG) and Genesis creditors appear to have reached a resolution for their bankruptcy claims, with a preliminary agreement announced in a recent court filing. This potential deal holds the promise of enabling unsecured creditors…
New York Attorney General Launches Probe into DCG and Genesis Relationship
Key Takeaways The New York Attorney General’s office has initiated an investigation into Digital Currency Group (DCG), a renowned blockchain investment firm founded by Barry Silbert. As part of the probe, the firm’s subsidiary, Genesis Global Capital, is also under…
Gemini Filed Lawsuit Against Barry Silbert and DCG, Alleging Fraud
Gemini has filed a lawsuit against the CEO, Barry Silbert, and the conglomerate DCG.
Crypto Custody Battle: Gemini Accuses DCG of Failing to Pay $630M
DCG failed to make a $630 million payment owed to Gemini.
