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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

Leave a Comment / crypto, Crypto bankruptcy, Crypto Market, Crypto News, dcg, genesis, Genesis LOC /

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 Sues DCG and Barry Silbert to Recover Billions Over Alleged Misconduct

Genesis Sues DCG and Barry Silbert to Recover Billions Over Alleged Misconduct

Leave a Comment / Altcoin News, crypto regulation, genesis, Regulation /

Key Takeaways: Genesis filed two lawsuits against DCG and Barry Silbert seeking recovery of over $3.2 billion. The Delaware suit alleges reckless management and misrepresentation of Genesis’ financial health. The New York bankruptcy suit outlines $1B+ in alleged fraudulent transfers to DCG and affiliates. Crypto lending platform Genesis Global has launched a legal offensive against

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

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

Leave a Comment / Cryptocurrency News, dcg, genesis, News /

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

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

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