Genesis Sues Parent Company DCG, CEO Barry Silbert Over $1 Billion in Alleged Fraudulent Transfers
Crypto lending firm Genesis Global Capital has filed two major lawsuits against its parent company, Digital Currency Group (DCG), and CEO Barry Silbert, accusing them of fraudulent transactions and financial misconduct that allegedly drained over $1 billion from Genesis while it was insolvent. According to a May 20 report by ...