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Genesis LOC Files New Lawsuits Against DCG and Barry Silbert to Recover Billions

Genesis LOC Files New Lawsuits Against DCG and Barry Silbert to Recover Billions

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Genesis Litigation Oversight Committee (LOC) has launched a new round of legal action targeting Digital Currency Group (DCG), its CEO Barry Silbert, and associated executives. The suits, filed in two separate jurisdictions, aim to reclaim billions of dollars allegedly misappropriated from […]

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Genesis Sued DCG: Can Fallen Lender Recover .1B?

Genesis Sued DCG: Can Fallen Lender Recover $3.1B?

Key Notes Genesis aims to recover over $3 billion in the latest lawsuit. The lender accused its parent company of fraud and self-dealing. DCG wanted to hide a massive hole in its balance sheet, but failed. Genesis Global Capital, a major cryptocurrency lender, filed two lawsuits against Digital Currency Group, its parent company, and CEO

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