DCG

26 May 23

DCG to cease operation of its institutional trading subsidiary

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Digital Currency Group (DCG) is shutting down one of its subsidiaries offering trading services to institutional investors, with the venture capital conglomerate citing a tough regulatory environment along with the bear market as reasons for its action. DCG is set to […]

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01 May 23

Gemini enters mediation, hopes to quickly resolve DCG dispute

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Gemini crypto exchange hopes mediation will produce a swift resolution to negotiations with Digital Currency Group (DCG) about returning funds belonging to users of the now-defunct Gemini Earn program. In an update on April 28, Gemini stated that DCG, its […]

24 Jan 23

DCG and Barry Silbert hit with securities lawsuit

Digital Currency Group (DCG) and CEO Barry Silbert are facing a securities class action (SCA) lawsuit from a group of Genesis creditors. DCG and Barry Silbert faced with securities lawsuit The lawsuit was filed by Silver Golub & Teitell (SGT), a law firm based in Connecticut, on behalf of those who entered into lending agreements […]

07 Jan 23

Barry Silbert’s DCG is reportedly being investigated by US SEC and New York authorities

Following the decision by the Digital Currency Group (DCG) to shut down its wealth management unit, United States authorities are now reportedly investigating the company’s internal financial transfers. The focus of the investigation According to anonymous sources, sleuths from New York are said to be scrutinizing Genesis, a crypto lender and subsidiary of DCG, which is also facing a […]