Article7 months ago

Allegations Against Digital Currency Group Spark Concerns for the Crypto Industry

Allegations Against Digital Currency Group Spark Concerns for the Crypto Industry
Summary
  • DCG and Genesis are accused of deceptive financial practices, including false financial statements and withholding information.
  • The New York Attorney General alleges that DCG and Genesis lied to employees and customers.
  • Potential consequences for DCG include fines, restitution, and being barred from certain sectors, which could impact Grayscale and its investors.

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