DCG plans to file an application to dismiss related lawsuits initiated against it by the New York Attorney General
Barry Silbert, CEO of Genesis Global Capital's parent company DCG, has proposed to dismiss the lawsuit filed by New York Attorney General Letitia James against DCG. According to documents submitted by DCG, after Three Arrows Capital and cryptocurrency exchange FTX collapsed, DCG did not withdraw its investment from Genesis but contributed approximately $1.4 billion (at today's prices) to the affected business.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will Bitcoin Reach $105K? The Potential Impact of Liquidity Injections on Bullish Surge
Exploring the Potential Influence of Global Liquidity on Bitcoin's Ascension to a New High
Leverage-Driven Pump: How Bitcoin Long Traders Could Become Trapped
Unpacking the Perils and Potential of Leverage-Driven Bitcoin Pump for Long Traders
Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Trending news
MoreCrypto prices
More
