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Barry Silbert's Digital Currency Group (DCG) is challenging New York Attorney General Letitia James's $3 billion civil lawsuit, which accuses DCG, Genesis, and Gemini Trust of defrauding crypto investors. DCG has filed a motion to dismiss the lawsuit, disputing allegations of a fraud scheme involving Genesis Global Capital unit.
A court motion to dismiss NYAG's lawsuit against Digital Currency Group reveals DCG boss Barry Silbert proposed a merger between Genesis and Gemini to the latter’s co-founder, Cameron Winklevoss, during a lunch meeting in Oct 2022. https://t.co/rHHqPxXcfa
In 2022, @DCGco boss Barry Silbert proposed a merger between lender Genesis and Winklevoss-owned exchange @Gemini as contagion threatened to engulf the crypto lending space. By @IanAllison123. https://t.co/dELQDKxHxs
NY Fraud Appeal Hits a Snag as Trump Fails to Secure $550M Bond The absolute joke fraud suit by Letitia James, NY AG, attempting a promised political hit continues. Protect Your 401(K) - https://t.co/mzT4uCzqW9 https://t.co/cbCTj0DfKd
