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DCG plans to file an application to dismiss related lawsuits initiated against it by the New York Attorney General

DCG plans to file an application to dismiss related lawsuits initiated against it by the New York Attorney General

Cointime2024/03/06 13:48
By: Cointime

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.
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