DCG and its CEO Barry Silbert have sought to dismiss a lawsuit from New York's Attorney General, Letitia James. The legal action alleges DCG and its subsidiary Genesis Global Capital defrauded investors connected to Gemini's Earn product and Genesis following the collapse of crypto entities Three Arrows Capital and FTX. The move follows DCG's opposition to a proposed settlement deal from Genesis with the NYAG last month.
Thursday, March 7, 2024