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SEC, Digital Currency Group
Digital Currency Group, former Genesis CEO to pay $38.5 million over SEC charges
The U.S. Securities and Exchange Commission on Friday said Digital Currency Group Inc. and the CEO of its now-defunct subsidiary Genesis Global Capital LLC have agreed to pay a combined $38.5 million in civil penalties to settle charges they misled investors about Genesis's financial condition.
Digital Currency Group Agrees to Settle SEC Charges for $38 Million
Digital Currency Group and former Genesis CEO Michael Moro will settle charges with the SEC over charges that the firms misled investors.
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Digital Currency Group, the crypto firm founded by Barry Silbert, is paying the SEC $38.5 million for misleading investors.
DCG, Former Genesis CEO to Pay SEC $38.5M to Settle Securities Fraud Charges
The charges stem from DCG and Genesis’ response to the 2022 collapse of crypto hedge fund Three Arrows Capital.
Digital Currency Group to Pay $38 Million in SEC Settlement
SEC has announced a $38 million settlement with Digital Currency Group over allegations that cryptocurrency venture capital firm misled investors.
cryptopolitan
2d
SEC charges DCG and Genesis Global Capital for concealing info about 3AC in 2022
The US Securities and Exchange Commission (SEC) has ordered DCG to pay a $38 million civil fine and also comply with a ...
Crypto Briefing
2d
SEC targets DCG and Genesis executives for fraud over 3AC fallout
SEC charges DCG, Genesis, and executives for fraud after 3AC collapse, alleging misleading claims, hidden insolvency, and ...
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